| FE latest price $32.3300 (1.57%) ($31.6500 - $32.3500) on Wed. Oct. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.02% (three month average) |
RSI | 98 |
Latest Price | $32.3300(1.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.6% a day on average for past five trading days. |
Weekly Trend | FE advances 3.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(63%) IFRA(53%) SDY(52%) XLU(49%) IWD(47%) |
Factors Impacting FE price | FE will decline at least -1.51% 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 | -1.51% (StdDev 3.02%) |
Hourly BBV | 0.9 () |
Intraday Trend | 2.1% |
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