| FE latest price $41.4600 (-0.58%) ($41.0550 - $41.5600) on Mon. Apr. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 55 |
Latest Price | $41.4600(-0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.7% a day on average for past five trading days. |
Weekly Trend | FE advances 2.6% a week on average for past two weeks. |
Market Behavior | Normal 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(67%) IFRA(56%) SDY(53%) XLRE(51%) |
Factors Impacting FE price | FE will decline at least -0.73% in a week (0% probabilities). TBT(-27%) VXX(-19%) VIXM(-14%) UUP(-14%) SMH(-13%) |
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 | -0.73% (StdDev 1.46%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.3% |
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