| FE latest price $39.3800 (-2.33%) ($38.7550 - $40.4000) on Tue. Mar. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 55 |
Latest Price | $39.3800(-2.33%) |
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 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(85%) SPLV(70%) IFRA(56%) XLRE(55%) SDY(54%) |
Factors Impacting FE price | FE will decline at least -0.63% in a week (0% probabilities). TBT(-24%) VXX(-19%) EDOC(-13%) SMH(-12%) VIXM(-10%) |
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 | -0.63% (StdDev 1.26%) |
Hourly BBV | -0.9 () |
Intraday Trend | -2.4% |
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