| FE latest price $55.6700 (6.77%) ($51.5500 - $55.6700) on Thu. Nov. 13, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.8% (three month average) |
RSI | 62 |
Latest Price | $55.6700(6.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.8% a day on average for past five trading days. |
Weekly Trend | FE advances 2.5% 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(69%) XLP(51%) SPY(49%) IWM(42%) XLK(41%) |
Factors Impacting FE price | FE will decline at least -2.4% in a week (0% probabilities). TLT(-12%) SHY(-1%) TIP(-0%) GLD(9%) LQD(16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.4% (StdDev 4.8%) |
Hourly BBV | 0 () |
Intraday Trend | 5.9% |
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