| FE latest price $69.7000 (1.44%) ($68.8200 - $69.8600) on Wed. Oct. 31, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 56 |
Latest Price | $69.7000(1.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1.1% a day on average for past five trading days. |
Weekly Trend | FE advances 1.1% 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(53%) EEM(47%) VWO(46%) |
Factors Impacting FE price | FE will decline at least -0.93% in a week (0% probabilities). TLT(-13%) SHY(-8%) TIP(-2%) GLD(6%) LQD(18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.93% (StdDev 1.86%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
| |
|
|