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Fidelity MSCI Communication Services Index Breaks Above 200-Day Moving Average – Bullish for FCOM

In trading on Thursday, shares of the Fidelity MSCI Communication Services Index ETF (Symbol: FCOM) crossed above their 200 day moving average of $71.78, changing hands as high as $72.55 per share. Fidelity MSCI Communication Services Index shares are currently trading up about 1.4% on the day. The chart below shows the one year performance of FCOM shares, versus its 200 day moving average:

Fidelity MSCI Communication Services Index 200 Day Moving Average Chart

Looking at the chart above, FCOM’s low point in its 52 week range is $65.26 per share, with $75.94 as the 52 week high point — that compares with a last trade of $72.11.

Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Further FCOM Research:

www.nasdaq.com

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