| FE latest price $39.9200 (0.1%) ($39.7550 - $40.3200) on Thu. Jul. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 46 |
Latest Price | $39.9200(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1.2% a day on average for past five trading days. |
Weekly Trend | FE declines -2% 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) SPLV(49%) IFRA(41%) SDY(40%) XLU(40%) IWD(37%) |
Factors Impacting FE price | FE will decline at least -1.32% in a week (0% probabilities). VIXM(-22%) UUP(-9%) VXX(-6%) TBT(-4%) DRIV(-3%) |
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 | -1.32% (StdDev 2.64%) |
Hourly BBV | 1 () |
Intraday Trend | -0.9% |
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