| FE latest price $38.8300 (0.49%) ($38.5400 - $39.1400) on Mon. Aug. 16, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1% (three month average) |
RSI | 46 |
Latest Price | $38.8300(0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.5% a day on average for past five trading days. |
Weekly Trend | FE advances 0.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(73%) IFRA(62%) SDY(62%) IWD(54%) IVE(53%) |
Factors Impacting FE price | FE will decline at least -0.5% in a week (0% probabilities). VIXM(-28%) UUP(-13%) TBT(-11%) VXX(-6%) KWEB(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.5% (StdDev 1%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.4% |
| |
|
|