| FE latest price $28.6400 (-1.72%) ($28.4200 - $29.7300) on Wed. Jul. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 26 |
Latest Price | $28.6400(-1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1.1% a day on average for past five trading days. |
Weekly Trend | FE declines -15.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -1.965% in a week (0% probabilities). VIXM(-21%) UUP(-9%) IGOV(-8%) VXX(-6%) TBT(-5%) |
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 | -1.965% (StdDev 3.93%) |
Hourly BBV | -1.6 () |
Intraday Trend | -2.6% |
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