| FE latest price $40.7600 (1.47%) ($40.2300 - $40.7800) on Wed. Feb. 15, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 43 |
Latest Price | $40.7600(1.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.7% a day on average for past five trading days. |
Weekly Trend | FE declines -1.2% a week on average for past two weeks. |
Market Behavior | Value stock 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(85%) SPLV(71%) IFRA(57%) XLRE(57%) SDY(56%) |
Factors Impacting FE price | FE will decline at least -0.585% in a week (0% probabilities). TBT(-18%) VIXM(-16%) VXX(-14%) SMH(-9%) UUP(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.585% (StdDev 1.17%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.9% |
| |
|
|