| FE latest price $31.2800 (2.36%) ($30.6000 - $31.3600) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.7% (three month average) |
RSI | 68 |
Latest Price | $31.2800(2.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1.7% a day on average for past five trading days. |
Weekly Trend | FE advances 3.6% 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(63%) IFRA(53%) SDY(52%) XLU(50%) IWD(47%) |
Factors Impacting FE price | FE will decline at least -1.85% in a week (0% probabilities). VIXM(-26%) 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 | 1.6 () |
Intraday Trend | 2% |
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