| FE latest price $31.0700 (-0.83%) ($31.0400 - $31.4500) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 58 |
Latest Price | $31.0700(-0.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.2% a day on average for past five trading days. |
Weekly Trend | FE advances 2.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(68%) SDY(57%) IFRA(56%) XLU(51%) IVE(50%) |
Factors Impacting FE price | FE will decline at least -0.99% in a week (0% probabilities). VIXM(-27%) UUP(-14%) TBT(-9%) VXX(-7%) IGOV(-3%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.2% |
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