| FE latest price $40.1400 (2.06%) ($39.1300 - $40.1800) on Thu. Jul. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 86 |
Latest Price | $40.1400(2.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1.2% a day on average for past five trading days. |
Weekly Trend | FE advances 2.5% 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(75%) IFRA(65%) SDY(64%) IWD(58%) IVE(55%) |
Factors Impacting FE price | FE will decline at least -0.72% in a week (0% probabilities). VIXM(-26%) UUP(-14%) TBT(-14%) VXX(-2%) EDOC(-2%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 2.3 () |
Intraday Trend | 1.8% |
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