| FE latest price $30.2600 (2.68%) ($29.2100 - $30.4400) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 57 |
Latest Price | $30.2600(2.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 2.2% a day on average for past five trading days. |
Weekly Trend | FE advances 1.1% 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(66%) SDY(57%) IFRA(56%) IWD(50%) XLU(50%) |
Factors Impacting FE price | FE will decline at least -0.95% in a week (0% probabilities). VIXM(-25%) UUP(-14%) TBT(-8%) VXX(-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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.5% |
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