| FE latest price $41.5100 (1.17%) ($40.9500 - $41.6700) on Fri. Sep. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 50 |
Latest Price | $41.5100(1.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.6% a day on average for past five trading days. |
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 -0.75% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.75% (StdDev 1.5%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.8% |
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