| FE latest price $39.9400 (-0.1%) ($39.6500 - $40.3000) on Wed. Dec. 15, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 57 |
Latest Price | $39.9400(-0.1%) |
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 2% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) IFRA(63%) SDY(62%) IVE(53%) IWD(53%) |
Factors Impacting FE price | FE will decline at least -0.585% in a week (0% probabilities). VIXM(-25%) UUP(-16%) TBT(-14%) IGOV(-6%) VXX(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.585% (StdDev 1.17%) |
Hourly BBV | -1 () |
Intraday Trend | -0.1% |
| |
|
|