| FE latest price $44.2200 (2.36%) ($43.1700 - $44.5510) on Wed. Apr. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.77% (three month average) |
RSI | 64 |
Latest Price | $44.2200(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.1% a day on average for past five trading days. |
Weekly Trend | FE advances 5.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(52%) XLU(45%) IFRA(44%) SDY(44%) IVE(41%) |
Factors Impacting FE price | FE will decline at least -2.385% in a week (0% probabilities). VIXM(-26%) UUP(-10%) VXX(-8%) IGOV(-2%) TBT(-1%) |
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 | -2.385% (StdDev 4.77%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.3% |
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