| FE latest price $56.8200 (10.74%) ($50.7000 - $56.8800) on Fri. Nov. 21, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.04% (three month average) |
RSI | 57 |
Latest Price | $56.8200(10.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1.6% a day on average for past five trading days. |
Weekly Trend | FE declines -0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) XLU(69%) XLP(51%) SPY(49%) IWM(42%) EEM(40%) |
Factors Impacting FE price | FE will decline at least -2.52% in a week (0% probabilities). TLT(-12%) SHY(-1%) TIP(-0%) GLD(8%) LQD(16%) |
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 | -2.52% (StdDev 5.04%) |
Hourly BBV | 0 () |
Intraday Trend | 8.4% |
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