| FE latest price $38.1400 (-1.9%) ($37.9600 - $38.9900) on Wed. Jul. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.12% (three month average) |
RSI | 57 |
Latest Price | $38.1400(-1.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% 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 | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(72%) SDY(61%) IFRA(60%) IWD(53%) IVE(52%) |
Factors Impacting FE price | FE will decline at least -0.56% in a week (0% probabilities). VIXM(-27%) UUP(-13%) TBT(-11%) VXX(-6%) IGOV(-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 | -0.56% (StdDev 1.12%) |
Hourly BBV | -1.5 () |
Intraday Trend | -2.1% |
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