(FCCQ) Fidelity Canadian High - Ratings and Ratios

Fidelity Canadian High Quality ETF (TO:FCCQ) is a passively managed exchange-traded fund designed to track the performance of high-quality Canadian equities. The fund replicates the Morningstar Canada GR CAD Index, focusing on companies with strong financial health, stable earnings, and lower volatility. It offers diversification across sectors, with a tilt toward large-cap firms that have demonstrated resilience in various market conditions.

As of the latest data, FCCQ has an average trading volume of 4,240 shares over the past 20 days, with a last price of 38.04 CAD. Technically, the fund is trading slightly below its 20-day SMA of 38.52 and 50-day SMA of 38.16, while remaining above its 200-day SMA of 36.15. This indicates near-term consolidation but a longer-term upward trend. The Average True Range (ATR) of 0.28 reflects low volatility, suggesting stable price movements. The funds assets under management (AUM) stand at 249.39 million CAD, highlighting its moderate size and liquidity in the Canadian ETF market.

3-Month Forecast: Based on the current technical and fundamental trends, FCCQ is expected to maintain its stable performance. The funds price is likely to oscillate within a narrow range, with potential upside driven by its exposure to high-quality Canadian equities. Support is anticipated near the 200-day SMA of 36.15, while resistance may emerge at the 50-day SMA of 38.16. With its low volatility and strong underlying holdings, FCCQ is positioned to deliver steady returns in the near term.