| FE latest price $29.9100 (1.32%) ($29.4150 - $30.0400) on Mon. Oct. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 53 |
Latest Price | $29.9100(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1% a day on average for past five trading days. |
Weekly Trend | FE declines -0.1% 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(63%) IFRA(53%) SDY(52%) XLU(50%) IWD(47%) |
Factors Impacting FE price | FE will decline at least -1.84% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-8%) TBT(-7%) DRIV(-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 | -1.84% (StdDev 3.68%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.8% |
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