| FE latest price $31.2200 (-0.19%) ($31.0600 - $31.5800) on Fri. Oct. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.7% (three month average) |
RSI | 73 |
Latest Price | $31.2200(-0.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1.1% a day on average for past five trading days. |
Weekly Trend | FE advances 4.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -1.85% 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 | -1.85% (StdDev 3.7%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.4% |
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