| FE latest price $41.2900 (1.15%) ($40.6600 - $41.4300) on Thu. Jul. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 77 |
Latest Price | $41.2900(1.15%) |
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 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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 -0.995% in a week (0% probabilities). VIXM(-21%) UUP(-9%) VXX(-6%) TBT(-5%) DRIV(-4%) |
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 | -0.995% (StdDev 1.99%) |
Hourly BBV | 0.5 () |
Intraday Trend | 1.2% |
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