| FE latest price $33.9600 (1.01%) ($33.3500 - $34.0300) on Wed. Oct. 26, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 76 |
Latest Price | $33.9600(1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.5% a day on average for past five trading days. |
Weekly Trend | FE advances 3.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(65%) XLU(65%) SDY(55%) XLRE(54%) IWD(52%) |
Factors Impacting FE price | FE will decline at least -0.66% in a week (0% probabilities). VIXM(-13%) DIA(-12%) XHB(-10%) UUP(-10%) GDXJ(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.66% (StdDev 1.32%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
| |
|
|