| FE latest price $41.0300 (-0.29%) ($40.6900 - $41.2700) on Thu. Sep. 8, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 47 |
Latest Price | $41.0300(-0.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.8% a day on average for past five trading days. |
Weekly Trend | FE declines -0.4% 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(64%) SDY(63%) IWD(57%) IVE(55%) |
Factors Impacting FE price | FE will decline at least -0.755% in a week (0% probabilities). VIXM(-23%) TBT(-15%) UUP(-14%) EDOC(-9%) VXX(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.755% (StdDev 1.51%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.3% |
| |
|
|