| FE latest price $29.1400 (3.11%) ($28.2300 - $29.2950) on Wed. Sep. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.77% (three month average) |
RSI | 41 |
Latest Price | $29.1400(3.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.8% a day on average for past five trading days. |
Weekly Trend | FE declines -0.9% 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(62%) IFRA(53%) SDY(53%) XLU(50%) IVE(47%) |
Factors Impacting FE price | FE will decline at least -1.885% in a week (0% probabilities). VIXM(-26%) UUP(-14%) 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 | -1.885% (StdDev 3.77%) |
Hourly BBV | 2 () |
Intraday Trend | 3% |
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