Fidelity Msci Utilities Index Etf ETF Forecast

Buy candidate since Jul 02, 2026

The Fidelity MSCI Utilities Index ETF price gained 2.17% on the last trading day (Thursday, 2nd Jul 2026), rising from $57.73 to $58.98. During the last trading day the ETF fluctuated 1.65% from a day low at $58.03 to a day high of $58.99. The price has risen in 7 of the last 10 days and is up by 2.59% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 102 thousand more shares were traded than the day before. In total, 372 thousand shares were bought and sold for approximately $21.95 million.

The ETF lies the upper part of a falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $59.36 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -3.78% during the next 3 months and, with a 90% probability hold a price between $52.91 and $57.11 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

FUTY Signals & Forecast

The Fidelity MSCI Utilities Index ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $58.82 and $57.72. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, June 26, 2026, and so far it has fallen -0.89%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Fidelity MSCI Utilities Index ETF

Fidelity MSCI Utilities Index finds support from accumulated volume at $57.97 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and with good liquidity the risk is considered very low in this ETF. During the last day, the ETF moved $0.96 between high and low, or 1.65%. For the last week the ETF has had daily average volatility of 1.28%.

Our recommended stop-loss: $56.63 (-3.98%) (This ETF has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (FUTY) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Fidelity MSCI Utilities Index ETF to open at $58.67, and during the day (based on 14 day Average True Range), to move between $58.56 and $59.40, which gives a possible trading interval of +/-$0.85 (+/-1.45%) up or down from last closing price. If Fidelity MSCI Utilities Index ETF takes out the full calculated possible swing range there will be an estimated 1.45% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $59.59 (1.03%) than the support at $57.97 (1.71%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Fidelity MSCI Utilities Index ETF ETF A Buy?

Several short-term signals are positive, despite the ETF being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for ETF to perform well in the short-term. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Buy candidate.

Current score: 1.084 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 6, 2026 - $58.67 ( 0.531%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk