| FE latest price $38.6500 (-0.46%) ($38.2100 - $38.8700) on Tue. Aug. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1% (three month average) |
RSI | 59 |
Latest Price | $38.6500(-0.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.4% a day on average for past five trading days. |
Weekly Trend | FE advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.5% (StdDev 1%) |
Hourly BBV | -0.9 () |
Intraday Trend | -0.5% |
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