The Hourly View for FDS
At the time of this writing, FDS (Get Ratings)’s price is down $-0.5 (-0.16%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as FDS has now gone down 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
FDS’s Technical Outlook on the Daily Chart
At the time of this writing, FDS’s price is up $0.15 (0.05%) from the day prior. It’s been a feast for bulls operating on the daily timeframe, as FDS has now gone up 4 of the past 5 days. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. Of note is that the 50 day changed directions on FDS; it is now pointing down. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows FDS’s price action over the past 90 days.
For FDS News Traders
News traders keeping an eye on FDS may find value in this recent story:
NORWALK, Conn., April 13, 2021 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that ICE Liquidity Indicators is now available in FactSet’s Portfolio Analytics, offering investment professionals a comprehensive solution to analyze, manage and report on fund liquidity risk and optimize portfolio construction within various regulatory requirements. ICE Liquidity Indicators, part of Intercontinental Exchange (NYSE: ICE), provides market participants with an independent assessment of liquidity risk across multiple asset classes. By using a transparent methodology, the tool assigns a liquidity score to individual securities and provides metrics, such as estimates of future trade volume capacity, projected price volatility, projected days to liquidate and projected market price impact, among others. “Leveraging ICE Liquidity Indicators through FactSet provides portfolio-specific liquidity analytics and helps the team at Jupiter provide enhanced liquidity risk management on behalf of our clients,” said Veronica Lazenby, Chief Risk Officer at Jupiter Fund Management, plc. “Recent market moves and dislocations continue to highlight how important it is for firms and clients to manage and understand this specific kind of risk holistically for effective portfolio management, as well as for regulatory compliance.” “Liquidity risk management has grown increasingly critical over the past year,” said Rob Robie, Executive Vice President, Global Head of Analytics and Trading, FactSet. “The ability to incorporate high-quality market data and client portfolio data directly into ICE’s liquidity model means that our clients can perform scenario and sensitivity analyses and stress tests that support dynamic portfolio construction and meet regulatory requirements across various jurisdictions.” “A growing number of investment managers want to easily quantify their liquidity risk across normal and stressed conditions and Liquidity Indicators gives them a solution to do that,” Mark Heckert, Chief Product Officer, Fixed Income and Data Services at ICE. “Providing institutional customers with clear estimates of potential activity in the market helps demonstrate sound risk management practices and can help firms meet their regulatory requirements.” Regulators across the world continue to raise the bar when it comes to managing liquidity risks and ensuring that market participants can meet client redemption requirements. ICE Liquidity Indicators helps clients fulfil these responsibilities and currently tracks approximately 4.6 million instruments, covering nearly all asset classes (calculated as a percentage of U.S. mutual fund assets under management using publicly reported holdings data). As more securities shift to electronic platforms, investors need strong data to better understand potential trade volumes for more infrequently traded securities. For more information about FactSet’s risk and liquidity solutions, please visit www.factset.com/risk-analytics. For more information about ICE Liquidity Indicators, please visit https://www.theice.com/market-data/pricing-and-analytics/analytics/liquidity. About FactSet FactSet® (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 153,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We’re proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly scored 100 by the Human Rights Campaign® Corporate Equality Index for our LGBTQ+ inclusive policies and practices. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow us on Twitter: www.twitter.com/factset. CONTACT: FactSet Media Jennifer Berlin +1 617 330 4122 [email protected] Media & Investor Relations: Rima Hyder +1 857.265.7523 [email protected]
Want More Great Investing Ideas?
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video)