| FE latest price $39.2200 (-0.58%) ($38.9550 - $39.6000) on Thu. Jun. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 72 |
Latest Price | $39.2200(-0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
Weekly Trend | FE advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) XLU(87%) SPLV(72%) IFRA(67%) SDY(62%) VYM(57%) |
Factors Impacting FE price | FE will decline at least -0.625% in a week (0% probabilities). TBT(-30%) VXX(-25%) VIXM(-19%) UUP(-16%) EDOC(-11%) |
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 | -0.625% (StdDev 1.25%) |
Hourly BBV | -0.1 () |
Intraday Trend | -0.8% |
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