| FE latest price $37.6900 (1.37%) ($37.0900 - $37.7300) on Fri. Jun. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.99% (three month average) |
RSI | 41 |
Latest Price | $37.6900(1.37%) |
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 -1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(72%) SDY(61%) IFRA(60%) IWD(53%) IVE(52%) |
Factors Impacting FE price | FE will decline at least -0.495% in a week (0% probabilities). VIXM(-27%) UUP(-14%) TBT(-10%) VXX(-6%) KWEB(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.495% (StdDev 0.99%) |
Hourly BBV | 2.5 () |
Intraday Trend | 1.6% |
| |
|
|