| FE latest price $34.2500 (7.2%) ($31.5400 - $35.3900) on Thu. Feb. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 74 |
Latest Price | $34.2500(7.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 1.6% a day on average for past five trading days. |
Weekly Trend | FE advances 1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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%) IVE(50%) IWD(50%) |
Factors Impacting FE price | FE will decline at least -0.95% in a week (0% probabilities). VIXM(-26%) UUP(-14%) TBT(-9%) VXX(-7%) KWEB(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.95% (StdDev 1.9%) |
Hourly BBV | 1.2 () |
Intraday Trend | 8.4% |
| |
|
|