| FE latest price $47.9300 (2.77%) ($46.6350 - $47.9900) on Wed. Apr. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 78 |
Latest Price | $47.9300(2.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.9% a day on average for past five trading days. |
Weekly Trend | FE advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock 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(74%) IFRA(65%) SDY(64%) IWD(57%) IVE(56%) |
Factors Impacting FE price | FE will decline at least -0.625% in a week (0% probabilities). VIXM(-29%) UUP(-17%) TBT(-15%) VXX(-4%) UNG(3%) |
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 | -0.625% (StdDev 1.25%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.2% |
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