| FE latest price $37.1800 (0.38%) ($36.9800 - $37.3200) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 66 |
Latest Price | $37.1800(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1.1% a day on average for past five trading days. |
Weekly Trend | FE advances 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) IVW(99%) XLU(93%) SPY(91%) SDY(80%) SPLV(78%) |
Factors Impacting FE price | FE will decline at least -0.66% 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 | -0.66% (StdDev 1.32%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.1% |
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