| FE latest price $42.8600 (0.63%) ($42.3800 - $42.9250) on Wed. Jan. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 68 |
Latest Price | $42.8600(0.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.2% a day on average for past five trading days. |
Weekly Trend | FE advances 0.8% 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) XLU(84%) SPLV(69%) XLRE(56%) IFRA(55%) SDY(54%) |
Factors Impacting FE price | FE will decline at least -0.77% in a week (0% probabilities). TBT(-18%) VIXM(-17%) VXX(-14%) UUP(-12%) SMH(-7%) |
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 | -0.77% (StdDev 1.54%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.8% |
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