Fidelity Government Money Fund Technical Analysis

SPAXX Fund  USD 1.00  0.00  0.00%   
In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Fidelity® Government, as well as the relationship between them.

Fidelity® Government Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fidelity®, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Fidelity®
  
Fidelity® Government's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Fidelity® Government technical money market fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Fidelity® Government technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fidelity® Government trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Fidelity Government Money Technical Analysis

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The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Fidelity Government Money volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Fidelity Government Money Trend Analysis

Use this graph to draw trend lines for Fidelity Government Money. You can use it to identify possible trend reversals for Fidelity® Government as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Fidelity® Government price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Fidelity® Government Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Fidelity Government Money applied against its price change over selected period. The best fit line has a slop of   0.00  , . It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Fidelity® Government price change compared to its average price change.

About Fidelity® Government Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Fidelity Government Money on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Fidelity Government Money based on its technical analysis. In general, a bottom-up approach, as applied to this money market fund, focuses on Fidelity Government Money price pattern first instead of the macroeconomic environment surrounding Fidelity Government Money. By analyzing Fidelity® Government's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Fidelity® Government's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Fidelity® Government specific price patterns or momentum indicators. Please read more on our technical analysis page.

Other Information on Investing in Fidelity® Money Market Fund

Fidelity® Government financial ratios help investors to determine whether Fidelity® Money Market Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity® with respect to the benefits of owning Fidelity® Government security.
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