| FE latest price $39.0200 (0.36%) ($38.6600 - $39.0800) on Mon. Jul. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.15% (three month average) |
RSI | 57 |
Latest Price | $39.0200(0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.1% a day on average for past five trading days. |
Weekly Trend | FE declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) XLU(89%) SPLV(72%) IFRA(67%) SDY(63%) VYM(59%) |
Factors Impacting FE price | FE will decline at least -0.575% in a week (0% probabilities). TBT(-30%) VXX(-25%) VIXM(-19%) UUP(-14%) USO(1%) |
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 | -0.575% (StdDev 1.15%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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