| FE latest price $34.8000 (1.43%) ($34.2900 - $34.9200) on Mon. Apr. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 44 |
Latest Price | $34.8000(1.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
Weekly Trend | FE declines -0.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(71%) SDY(60%) IFRA(59%) IWD(53%) IVE(52%) |
Factors Impacting FE price | FE will decline at least -0.79% in a week (0% probabilities). VIXM(-27%) UUP(-14%) TBT(-10%) 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 | -0.79% (StdDev 1.58%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.2% |
| |
|
|