| FE latest price $43.2700 (2.15%) ($42.7800 - $43.8550) on Fri. Jun. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.77% (three month average) |
RSI | 74 |
Latest Price | $43.2700(2.15%) |
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 3.3% 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) SPLV(49%) IFRA(42%) SDY(41%) XLU(41%) IVE(38%) |
Factors Impacting FE price | FE will decline at least -2.385% in a week (0% probabilities). VIXM(-23%) UUP(-10%) VXX(-7%) IGOV(-4%) TBT(-3%) |
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 | -2.385% (StdDev 4.77%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.9% |
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