| FE latest price $37.7000 (1.4%) ($36.9600 - $37.8800) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 30 |
Latest Price | $37.7000(1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.4% a day on average for past five trading days. |
Weekly Trend | FE declines -1.7% 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(87%) SPLV(71%) IFRA(64%) SDY(58%) VYM(55%) |
Factors Impacting FE price | FE will decline at least -0.705% in a week (0% probabilities). TBT(-28%) VXX(-23%) VIXM(-17%) UUP(-15%) ACES(-9%) |
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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2% |
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