(FDTX) Fidelity Disruptive - Ratings and Ratios

The Fidelity Disruptive Technology ETF (NASDAQ:FDTX) is designed to capitalize on innovative advancements reshaping industries. It typically allocates at least 80% of its assets to companies leveraging groundbreaking technologies to revolutionize traditional business models. These firms often operate in emerging sectors such as artificial intelligence, blockchain, and renewable energy, aiming to challenge established market leaders. The funds non-diversified nature allows for concentrated exposure to high-growth potential opportunities, though it may increase volatility.

From a technical standpoint, FDTX is currently trading at $34.10, below its SMA 20 ($36.82) and SMA 50 ($36.50), indicating recent underperformance. However, its SMA 200 ($33.91) suggests long-term bullish momentum. The ATR of 0.72 reflects moderate price volatility. With an AUM of $167.31M, the fund maintains a manageable size, allowing for nimble trading without excessive market impact.

Over the next three months, FDTX is expected to remain range-bound near its current levels, with potential consolidation between $33 and $36. A breakout above the SMA 50 could signal a recovery toward $38, while a breach below $32 may trigger a deeper correction. The funds performance will closely track broader tech sector trends and the success of its underlying disruptive technology holdings.