| FE latest price $40.6300 (0.94%) ($39.8750 - $40.7100) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 50 |
Latest Price | $40.6300(0.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.9% a day on average for past five trading days. |
Weekly Trend | FE advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(48%) IFRA(41%) SDY(40%) XLU(39%) IVE(36%) |
Factors Impacting FE price | FE will decline at least -1.07% in a week (0% probabilities). VIXM(-21%) UUP(-9%) VXX(-6%) TBT(-5%) IYT(-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 | -1.07% (StdDev 2.14%) |
Hourly BBV | 2 () |
Intraday Trend | 1.1% |
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