| FE latest price $40.1900 (-1.08%) ($39.6950 - $40.4300) on Thu. Jul. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 47 |
Latest Price | $40.1900(-1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.2% a day on average for past five trading days. |
Weekly Trend | FE advances 1.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(48%) IFRA(41%) SDY(40%) XLU(39%) IVE(36%) |
Factors Impacting FE price | FE will decline at least -1.045% in a week (0% probabilities). VIXM(-21%) UUP(-9%) VXX(-6%) TBT(-5%) DRIV(-4%) |
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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.5% |
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