| FE latest price $29.8000 (0.13%) ($28.9100 - $29.9410) on Thu. Sep. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 74 |
Latest Price | $29.8000(0.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.5% a day on average for past five trading days. |
Weekly Trend | FE advances 1.9% a week on average for past two weeks. |
Market Behavior | Broad based 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(62%) IFRA(54%) SDY(53%) XLU(50%) IWD(48%) |
Factors Impacting FE price | FE will decline at least -1.875% in a week (0% probabilities). VIXM(-27%) UUP(-14%) VXX(-8%) TBT(-7%) 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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 0.1 () |
Intraday Trend | 1.1% |
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