| FE latest price $39.1000 (-1.11%) ($38.7210 - $39.2300) on Thu. Jul. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 55 |
Latest Price | $39.1000(-1.11%) |
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 -0.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(89%) SPLV(72%) IFRA(67%) SDY(63%) VYM(58%) |
Factors Impacting FE price | FE will decline at least -0.53% in a week (0% probabilities). TBT(-30%) VXX(-25%) VIXM(-19%) UUP(-14%) USO(0%) |
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 | -0.53% (StdDev 1.06%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.2% |
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