| FE latest price $64.5400 (3%) ($61.6500 - $65.0600) on Tue. Aug. 7, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 45 |
Latest Price | $64.5400(3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1.2% a day on average for past five trading days. |
Weekly Trend | FE declines -2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) XLU(73%) SPY(54%) XLP(52%) EEM(47%) VWO(46%) |
Factors Impacting FE price | FE will decline at least -0.96% in a week (0% probabilities). TLT(-13%) SHY(-9%) TIP(-2%) GLD(7%) LQD(18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.96% (StdDev 1.92%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
| |
|
|