| FE latest price $35.0200 (0.72%) ($34.6600 - $35.1100) on Tue. Oct. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 36 |
Latest Price | $35.0200(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.8% a day on average for past five trading days. |
Weekly Trend | FE declines -2.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) XLU(91%) IFRA(71%) SPLV(71%) SDY(70%) VYM(61%) |
Factors Impacting FE price | FE will decline at least -0.64% in a week (0% probabilities). TBT(-26%) EDOC(-19%) UUP(-18%) VXX(-15%) VIXM(-12%) |
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 | -0.64% (StdDev 1.28%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.6% |
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