| FE latest price $42.2400 (1.83%) ($41.4850 - $42.2550) on Mon. Dec. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 88 |
Latest Price | $42.2400(1.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.4% a day on average for past five trading days. |
Weekly Trend | FE advances 2.9% 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(69%) IFRA(55%) SDY(55%) IWD(48%) IVE(44%) |
Factors Impacting FE price | FE will decline at least -0.93% in a week (0% probabilities). VIXM(-15%) ARKG(-7%) VCSH(-6%) SMH(-6%) TBT(-5%) |
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 | -0.93% (StdDev 1.86%) |
Hourly BBV | 2.5 () |
Intraday Trend | 0.6% |
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