| FE latest price $40.1700 (1.39%) ($39.5100 - $40.4100) on Mon. Dec. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 60 |
Latest Price | $40.1700(1.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.5% a day on average for past five trading days. |
Weekly Trend | FE advances 1.3% 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(72%) IFRA(63%) SDY(62%) IVE(53%) IWD(53%) |
Factors Impacting FE price | FE will decline at least -0.585% in a week (0% probabilities). VIXM(-25%) UUP(-16%) TBT(-14%) IGOV(-6%) VXX(-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 | -0.585% (StdDev 1.17%) |
Hourly BBV | 2.1 () |
Intraday Trend | 1.4% |
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