| FE latest price $33.0300 (2.17%) ($32.2500 - $33.2700) on Thu. Oct. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 98 |
Latest Price | $33.0300(2.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.9% a day on average for past five trading days. |
Weekly Trend | FE advances 2.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(49%) IWD(47%) |
Factors Impacting FE price | FE will decline at least -0.77% in a week (0% probabilities). VIXM(-26%) UUP(-13%) VXX(-8%) TBT(-7%) KWEB(0%) |
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 | -0.77% (StdDev 1.54%) |
Hourly BBV | 2 () |
Intraday Trend | 2% |
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