| FE latest price $28.8700 (0.8%) ($28.2500 - $29.2900) on Thu. Jul. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 22 |
Latest Price | $28.8700(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1% a day on average for past five trading days. |
Weekly Trend | FE declines -15.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value 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(38%) IVE(36%) |
Factors Impacting FE price | FE will decline at least -1.96% in a week (0% probabilities). VIXM(-21%) UUP(-9%) VXX(-6%) TBT(-5%) IYT(-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 | -1.96% (StdDev 3.92%) |
Hourly BBV | -0.6 () |
Intraday Trend | 1.6% |
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