(FCOR) Fidelity Corporate Bond - Ratings and Ratios

The Fidelity® Corporate Bond ETF (NYSE ARCA: FCOR) is a corporate bond-focused exchange-traded fund that primarily invests at least 80% of its assets in investment-grade corporate bonds and related debt securities. This includes repurchase agreements for such securities, providing exposure to the corporate debt market while maintaining a focus on higher credit quality. The fund is designed to offer investors a way to tap into the corporate bond sector with the liquidity and diversification benefits of an ETF.

FCOR is listed on the NYSE ARCA exchange under the ticker symbol FCOR. As of the latest data, the fund has an average 20-day trading volume of 19,411 shares, with a last price of 47.27. The funds moving averages indicate stability, with a 20-day SMA of 46.60, a 50-day SMA of 46.22, and a 200-day SMA of 46.11. The Average True Range (ATR) of 0.24 reflects moderate price volatility. The funds assets under management (AUM) total 237.56 million USD, highlighting its standing as a substantial player in the corporate bond ETF space.

3-Month Forecast: Based on the current technical and fundamental data, FCOR is expected to maintain its stable performance. The funds moving averages suggest a slight upward trend, with the 20-day SMA crossing above the 50-day SMA. The ATR of 0.24 indicates low volatility, suggesting continued price stability. Fundamentally, the AUM of 237.56 million USD underscores strong investor confidence and liquidity. Over the next three months, FCOR is likely to trade within a narrow range, with potential upside driven by steady demand for investment-grade corporate bonds in a low-yield environment.