| FE latest price $40.0500 (0.12%) ($39.7900 - $40.2450) on Tue. Jul. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 54 |
Latest Price | $40.0500(0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.6% a day on average for past five trading days. |
Weekly Trend | FE advances 1.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) XLU(88%) SPLV(72%) IFRA(68%) SDY(64%) VYM(59%) |
Factors Impacting FE price | FE will decline at least -0.55% in a week (0% probabilities). TBT(-31%) VXX(-26%) VIXM(-20%) UUP(-13%) USO(-2%) |
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 | -0.55% (StdDev 1.1%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.4% |
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