| FE latest price $42.7300 (2.35%) ($41.5000 - $42.7600) on Tue. May. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.49% (three month average) |
RSI | 34 |
Latest Price | $42.7300(2.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
Weekly Trend | FE declines -1.6% 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(73%) IFRA(65%) SDY(63%) IWD(56%) IVE(55%) |
Factors Impacting FE price | FE will decline at least -0.745% in a week (0% probabilities). VIXM(-26%) UUP(-16%) TBT(-13%) VXX(-3%) UNG(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 | -0.745% (StdDev 1.49%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.1% |
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