| FE latest price $37.0400 (0.6%) ($36.9100 - $37.3000) on Thu. Nov. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 67 |
Latest Price | $37.0400(0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.9% a day on average for past five trading days. |
Weekly Trend | FE advances 0.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPY(96%) XLU(92%) SDY(79%) SPLV(77%) IVE(76%) |
Factors Impacting FE price | FE will decline at least -0.665% in a week (0% probabilities). VXX(-40%) VIXM(-28%) TBT(-26%) UUP(-19%) UNG(-10%) |
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 | -0.665% (StdDev 1.33%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.1% |
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