| FE latest price $40.8400 (-1.04%) ($40.6500 - $41.4900) on Mon. Jul. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 55 |
Latest Price | $40.8400(-1.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.4% a day on average for past five trading days. |
Weekly Trend | FE advances 3.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock 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 -1.05% 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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.8% |
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