


Technical Sentiment Analysis for Fidelity Clean Energy ETF (FRNW). As of 2026-06-12, 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 43.55, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.18, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 16.51 and the Commodity Channel Index (CCI) at -92.07 further confirm a -2.72 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FRNW is trading above its 60-day moving average of $24.9 and above its 200-day long-term moving average of $22.18. Key price levels to watch include the immediate resistance at $27.83 and strong support at $23.84. A break above $27.83 could signal a bull continuation, while falling below $23.84 may test the next Fibonacci floor at $21.83.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 19.85 | 21.83 | 23.84 | 25.82 | 27.83 | 29.81 | 31.82 |
| Fibonacci | 21.83 | 23.36 | 24.3 | 25.82 | 27.35 | 28.29 | 29.81 |
2026-06-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 43.55 |
| Stochastic Oscillator | 16.51 |
| Stochastic RSI | 13.35 |
| Commodity Channel Index (CCI) | -92.07 |
| Awesome Oscillator | -1.15 |
| Momentum | -2.72 |
| MACD | -0.18 |
2026-06-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 24.74 | Buy |
| 10-Day | 25.86 | Sell |
| 20-Day | 26.31 | Sell |
| 60-Day | 24.9 | Buy |
| 200-Day | 22.18 | Buy |
| 250-Day | 21.08 | Buy |