| FE latest price $30.0600 (2.11%) ($29.5900 - $30.3900) on Mon. Aug. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 36 |
Latest Price | $30.0600(2.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.6% a day on average for past five trading days. |
Weekly Trend | FE advances 0.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(62%) IFRA(53%) SDY(52%) XLU(50%) IVE(47%) |
Factors Impacting FE price | FE will decline at least -1.945% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-7%) TBT(-7%) IGOV(-5%) |
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 | -1.945% (StdDev 3.89%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.4% |
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