| FE latest price $31.5900 (1.9%) ($31.0200 - $31.7100) on Wed. Mar. 15, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 53 |
Latest Price | $31.5900(1.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
Weekly Trend | FE declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(65%) XLU(64%) SDY(56%) XLRE(54%) IWD(53%) |
Factors Impacting FE price | FE will decline at least -0.555% in a week (0% probabilities). VIXM(-13%) DIA(-13%) XHB(-10%) GDXJ(-10%) UUP(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.555% (StdDev 1.11%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
| |
|
|