


Technical Sentiment Analysis for Fidelity Clean Energy ETF (FRNW). As of 2026-04-16, Fidelity Clean Energy ETF (FRNW) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FRNW stands at 59.25, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.34, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 86.21 and the Commodity Channel Index (CCI) at 107.09 further confirm a 0.7 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FRNW is trading above its 60-day moving average of $22.93 and above its 200-day long-term moving average of $20.43. Key price levels to watch include the immediate resistance at $24.51 and strong support at $22.66. A break above $24.51 could signal a bull continuation, while falling below $22.66 may test the next Fibonacci floor at $21.7.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 20.81 | 21.7 | 22.66 | 23.55 | 24.51 | 25.4 | 26.36 |
| Fibonacci | 21.7 | 22.41 | 22.85 | 23.55 | 24.26 | 24.7 | 25.4 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 59.25 |
| Stochastic Oscillator | 86.21 |
| Stochastic RSI | 90.13 |
| Commodity Channel Index (CCI) | 107.09 |
| Awesome Oscillator | 1.05 |
| Momentum | 0.7 |
| MACD | 0.34 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 23.99 | Sell |
| 10-Day | 23.61 | Buy |
| 20-Day | 23.22 | Buy |
| 60-Day | 22.93 | Buy |
| 200-Day | 20.43 | Buy |
| 250-Day | 19.23 | Buy |