| FE latest price $43.0700 (2.94%) ($41.9800 - $43.2500) on Wed. Jun. 5, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 60 |
Latest Price | $43.0700(2.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1% a day on average for past five trading days. |
Weekly Trend | FE declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(69%) XLU(64%) SDY(61%) IWD(59%) IVE(58%) |
Factors Impacting FE price | FE will decline at least -0.6% in a week (0% probabilities). VXX(-15%) TLT(-13%) IFRA(-13%) IGOV(-4%) UUP(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.6% (StdDev 1.2%) |
Hourly BBV | 0 () |
Intraday Trend | 2.5% |
| |
|
|