| FE latest price $29.5200 (2.64%) ($28.4000 - $29.7600) on Fri. Oct. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.7% (three month average) |
RSI | 47 |
Latest Price | $29.5200(2.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.7% a day on average for past five trading days. |
Weekly Trend | FE declines -1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(63%) IFRA(53%) SDY(53%) XLU(50%) IVE(47%) |
Factors Impacting FE price | FE will decline at least -1.85% in a week (0% probabilities). VIXM(-27%) UUP(-13%) VXX(-8%) TBT(-7%) DRIV(-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 | -1.85% (StdDev 3.7%) |
Hourly BBV | 2.3 () |
Intraday Trend | 3.3% |
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