| FE latest price $38.0800 (2.23%) ($37.2700 - $38.1450) on Fri. Oct. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 56 |
Latest Price | $38.0800(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.9% a day on average for past five trading days. |
Weekly Trend | FE advances 0.9% 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(72%) IFRA(58%) SDY(58%) IWD(52%) DIA(48%) |
Factors Impacting FE price | FE will decline at least -0.875% in a week (0% probabilities). VIXM(-18%) TBT(-12%) UUP(-5%) UNG(-3%) VXX(-1%) |
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 | -0.875% (StdDev 1.75%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.8% |
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