| FE latest price $36.1000 (0.36%) ($35.8070 - $36.1950) on Tue. Nov. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 52 |
Latest Price | $36.1000(0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
Weekly Trend | FE advances 1.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPY(90%) XLU(90%) IVW(89%) SDY(78%) IFRA(77%) |
Factors Impacting FE price | FE will decline at least -0.625% in a week (0% probabilities). VXX(-36%) TBT(-34%) VIXM(-27%) UUP(-19%) USO(-4%) |
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 | -0.625% (StdDev 1.25%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0.1% |
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