| FE latest price $29.4400 (0.89%) ($28.9200 - $29.6500) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.88% (three month average) |
RSI | 23 |
Latest Price | $29.4400(0.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
Weekly Trend | FE declines -3.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(61%) IFRA(53%) SDY(52%) XLU(50%) IWD(47%) |
Factors Impacting FE price | FE will decline at least -1.94% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-7%) TBT(-7%) IGOV(-7%) |
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 | -1.94% (StdDev 3.88%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.7% |
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