| FE latest price $27.9000 (2.12%) ($27.0500 - $27.9300) on Thu. Dec. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 37 |
Latest Price | $27.9000(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1% a day on average for past five trading days. |
Weekly Trend | FE declines -3.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(66%) IFRA(55%) SDY(55%) XLU(50%) IWD(49%) |
Factors Impacting FE price | FE will decline at least -0.905% in a week (0% probabilities). VIXM(-25%) UUP(-14%) TBT(-8%) VXX(-7%) IGOV(-1%) |
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 | -0.905% (StdDev 1.81%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2.1% |
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