| FE latest price $36.0400 (-0.93%) ($36.0300 - $36.8400) on Thu. Aug. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.12% (three month average) |
RSI | 48 |
Latest Price | $36.0400(-0.93%) |
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 -0.3% 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(73%) IFRA(71%) SDY(69%) VYM(62%) |
Factors Impacting FE price | FE will decline at least -0.56% in a week (0% probabilities). TBT(-30%) VXX(-24%) VIXM(-20%) UUP(-16%) USO(3%) |
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 | -0.56% (StdDev 1.12%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.9% |
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