| FE latest price $37.2600 (0.49%) ($36.9500 - $37.4900) on Mon. Dec. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 47 |
Latest Price | $37.2600(0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.1% a day on average for past five trading days. |
Weekly Trend | FE declines -0.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) XLU(97%) SPLV(85%) XLV(85%) IVE(83%) HYG(79%) |
Factors Impacting FE price | FE will decline at least -0.65% in a week (0% probabilities). VIXM(-62%) TBT(-19%) URA(-9%) UUP(-6%) BNDX(2%) |
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 | -0.65% (StdDev 1.3%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.7% |
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