| FE latest price $41.8600 (1.6%) ($40.7300 - $41.9150) on Mon. Sep. 19, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 61 |
Latest Price | $41.8600(1.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.1% a day on average for past five trading days. |
Weekly Trend | FE advances 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(74%) IFRA(63%) SDY(62%) IWD(57%) IVE(54%) |
Factors Impacting FE price | FE will decline at least -0.685% in a week (0% probabilities). VIXM(-23%) TBT(-15%) UUP(-13%) VXX(-2%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.685% (StdDev 1.37%) |
Hourly BBV | 2.5 () |
Intraday Trend | 2% |
| |
|
|