| FE latest price $29.3900 (0.86%) ($29.0400 - $29.9700) on Thu. Sep. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.77% (three month average) |
RSI | 47 |
Latest Price | $29.3900(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.9% a day on average for past five trading days. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.885% (StdDev 3.77%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.5% |
| |
|
|