| FE latest price $43.8500 (0.62%) ($43.3100 - $44.0500) on Tue. Aug. 30, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.74% (three month average) |
RSI | 70 |
Latest Price | $43.8500(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.6% a day on average for past five trading days. |
Weekly Trend | FE advances 1.9% 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(67%) XLP(49%) SPY(46%) JNK(40%) IWM(38%) |
Factors Impacting FE price | FE will decline at least -0.87% in a week (0% probabilities). TLT(-5%) IGOV(4%) SHY(5%) TIP(6%) GLD(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.87% (StdDev 1.74%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|