🇨🇦 Canada ETF Radar · TOR

FCAB

Fidelity Absolute Income Fund -ETF Series

Bond / Income · Unclassified · Unclassified

Fresh breakdown
Recent price path FCAB recent weekly close path 25 CAD 24 Jul 2026
Weekly Return -0.5% latest completed week
4-Week Return -0.7% short momentum
Trend Gap -0.2% Trend positive
Fair Gap 1.9% vs fair value
Volume 1.0x 34.5K latest
Market Dynamics 0.23 positive
Relative Strength -9.33 vs country ETF tape
Opportunity 11.0 composite radar score
Risk 1.6 -1.4% drawdown · 0.6% volatility
Price Action

Price, Trend Line, Fair Value

12 months
FCAB weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
FCAB Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Lost Trend Line

Balanced read: watch trend, volume, and four-week follow-through for the next clue.

Price has fallen below the Trend Line.

FCAB sits in Bond / Income, so read it as a Canada exposure first and a single ETF second.

The latest week moved -0.5%; the four-week move is -0.7%, which helps separate one-week noise from actual follow-through.

Trend is positive, volume is running at 1.0x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • No high-conviction opportunity signal yet.
Risk Signals

What needs caution

  • Sharp fall below the Trend Line
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 CLSA · TOR Brompton Split Corp. Enhanced Equity Income ETF 🇨🇦 Canada · Bond / Income Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -1.0% 4W 4.6% Vol 1.9x -1.0% 2 CNQE · TOR Harvest CNQ Enhanced High Income Shares ETF 🇨🇦 Canada · Bond / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 7.2% 4W 19.3% Vol 0.6x 7.2% 3 SUHE · TOR Harvest Suncor Enhanced High Income Shares ETF 🇨🇦 Canada · Bond / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 6.6% 4W 25.1% Vol 0.5x 6.6% 4 PINC · TOR Purpose Multi-Asset Income Fund ETF 🇨🇦 Canada · Bond / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.3% 4W 1.7% Vol 1.4x 0.3% 5 CIC · TOR CI Canadian Banks Covered Call Income Class ETF 🇨🇦 Canada · Bond / Income Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -2.2% 4W 1.5% Vol 1.6x -2.2% 6 HPF · TOR Harvest Energy Leaders Income ETF Class A CAD Hedged 🇨🇦 Canada · Bond / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.3% 4W 13.6% Vol 0.7x 4.3% 7 EQLI · TOR Invesco S&P 500 Equal Weight Income Advantage ETF 🇨🇦 Canada · Bond / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.8% 4W 0.5% Vol 1.6x 0.8% 8 HLIF · TOR Harvest Canadian Dividend Leaders Income ETF 🇨🇦 Canada · Bond / Income Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week 0.0% 4W 3.5% Vol 1.0x 0.0% 9 BNC · TOR Purpose Canadian Financial Income Fund Series ETF 🇨🇦 Canada · Bond / Income Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -2.1% 4W 1.4% Vol 0.3x -2.1% 10 ZWQT · TOR BMO Global Enhanced Income Fund Series ETF 🇨🇦 Canada · Bond / Income Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.1% 4W 1.2% Vol 0.8x 1.1%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

22 Aug 2025 Crossed above Trend Line 24 CAD · 0.1%
5 Sep 2025 Market Dynamics buy signal 24 CAD · 0.4%
13 Mar 2026 Broke below Trend Line 24 CAD · -1.2%
10 Apr 2026 Crossed above Trend Line 25 CAD · 0.9%
22 May 2026 Broke below Trend Line 25 CAD · -0.1%
29 May 2026 Crossed above Trend Line 25 CAD · 1.1%
24 Jul 2026 Broke below Trend Line 25 CAD · -0.5%
FCAB

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 24 CAD - 23 CAD % - - 40.5K
8 Aug 2025 24 CAD - 24 CAD -0.4% - - 18.3K
15 Aug 2025 24 CAD - 24 CAD 0.3% 1.13 - 29.4K
22 Aug 2025 24 CAD 24 CAD 24 CAD 0.1% 1.60 - 39.3K
29 Aug 2025 24 CAD 24 CAD 24 CAD 0.3% 1.67 - 55.7K
5 Sep 2025 24 CAD 24 CAD 24 CAD 0.4% 1.83 - 24.0K
12 Sep 2025 24 CAD 24 CAD 24 CAD 0.4% 1.97 - 47.7K
19 Sep 2025 24 CAD 24 CAD 24 CAD 0.2% 2.01 - 56.4K
26 Sep 2025 24 CAD 24 CAD 24 CAD -0.1% 1.99 - 59.3K
3 Oct 2025 24 CAD 24 CAD 24 CAD 0.0% 1.98 - 45.7K
10 Oct 2025 24 CAD 24 CAD 24 CAD -0.2% 1.71 - 37.7K
17 Oct 2025 24 CAD 24 CAD 24 CAD 0.4% 1.47 - 28.6K
24 Oct 2025 24 CAD 24 CAD 24 CAD 0.1% 1.26 - 47.8K
31 Oct 2025 24 CAD 24 CAD 24 CAD 0.2% 1.15 - 62.3K
7 Nov 2025 24 CAD 24 CAD 24 CAD -0.4% 0.88 - 37.3K
14 Nov 2025 24 CAD 24 CAD 24 CAD 0.1% 0.68 - 51.7K
21 Nov 2025 24 CAD 24 CAD 24 CAD 0.0% 0.46 - 60.1K
28 Nov 2025 25 CAD 24 CAD 24 CAD 0.6% 0.27 - 54.7K
5 Dec 2025 25 CAD 24 CAD 24 CAD -0.2% 0.22 - 36.3K
12 Dec 2025 25 CAD 24 CAD 24 CAD 0.0% 0.01 - 38.5K
19 Dec 2025 25 CAD 24 CAD 24 CAD 0.2% -0.11 - 49.2K
26 Dec 2025 25 CAD 24 CAD 24 CAD 0.2% -0.29 - 17.8K
2 Jan 2026 25 CAD 24 CAD 24 CAD -0.1% -0.27 - 37.0K
9 Jan 2026 25 CAD 24 CAD 24 CAD 0.2% -0.01 - 52.5K
16 Jan 2026 25 CAD 24 CAD 24 CAD 0.2% 0.40 - 80.0K
23 Jan 2026 25 CAD 24 CAD 24 CAD 0.0% 0.67 -13.57 54.3K
30 Jan 2026 25 CAD 24 CAD 24 CAD 0.1% 0.97 -9.93 63.7K
6 Feb 2026 25 CAD 24 CAD 24 CAD 0.0% 0.96 -11.18 54.1K
13 Feb 2026 25 CAD 24 CAD 24 CAD 0.5% 0.96 -12.01 71.6K
20 Feb 2026 25 CAD 24 CAD 24 CAD 0.1% 1.08 -13.50 63.5K
27 Feb 2026 25 CAD 25 CAD 24 CAD 0.0% 1.23 -14.38 79.8K
6 Mar 2026 25 CAD 25 CAD 24 CAD -0.6% 0.92 -11.25 34.6K
13 Mar 2026 24 CAD 25 CAD 24 CAD -1.2% 0.36 -10.44 22.2K
20 Mar 2026 24 CAD 25 CAD 24 CAD -0.4% -0.20 -7.01 30.5K
27 Mar 2026 24 CAD 25 CAD 24 CAD -0.3% -0.82 -8.79 26.0K
3 Apr 2026 25 CAD 25 CAD 24 CAD 1.0% -0.78 -10.56 72.6K
10 Apr 2026 25 CAD 25 CAD 24 CAD 0.9% -0.66 -10.82 64.4K
17 Apr 2026 25 CAD 25 CAD 24 CAD 0.3% -0.52 -11.76 62.6K
24 Apr 2026 25 CAD 25 CAD 24 CAD 0.1% -0.42 -10.09 42.7K
1 May 2026 25 CAD 25 CAD 24 CAD -0.7% -0.45 -10.22 44.5K
8 May 2026 25 CAD 25 CAD 24 CAD 0.4% -0.43 -9.98 50.1K
15 May 2026 25 CAD 25 CAD 24 CAD -0.5% -0.49 -9.42 47.3K
22 May 2026 25 CAD 25 CAD 24 CAD -0.1% -0.55 -10.80 37.2K
29 May 2026 25 CAD 25 CAD 24 CAD 1.1% -0.39 -10.16 44.3K
5 Jun 2026 25 CAD 25 CAD 24 CAD -0.7% -0.40 -9.47 3.5K
12 Jun 2026 25 CAD 25 CAD 24 CAD 0.2% -0.31 -10.26 7.4K
19 Jun 2026 25 CAD 25 CAD 24 CAD 0.9% -0.01 -9.15 7.7K
26 Jun 2026 25 CAD 25 CAD 24 CAD -0.6% 0.10 -9.28 37.5K
3 Jul 2026 25 CAD 25 CAD 24 CAD 0.8% 0.40 -8.88 26.5K
10 Jul 2026 25 CAD 25 CAD 24 CAD -1.1% 0.54 -9.61 58.3K
17 Jul 2026 25 CAD 25 CAD 24 CAD 0.1% 0.44 -9.01 42.5K
24 Jul 2026 25 CAD 25 CAD 24 CAD -0.5% 0.23 -9.33 34.5K