| FE latest price $37.3000 (-0.4%) ($37.0000 - $37.5300) on Thu. Dec. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 56 |
Latest Price | $37.3000(-0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.2% a day on average for past five trading days. |
Weekly Trend | FE declines -0.2% 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(96%) GLD(88%) SPLV(83%) DIA(81%) XLV(79%) |
Factors Impacting FE price | FE will decline at least -0.645% in a week (0% probabilities). VXX(-64%) VIXM(-59%) TBT(-20%) IWC(-9%) UUP(-7%) |
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 | -0.645% (StdDev 1.29%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.6% |
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