| FE latest price $41.9600 (0.5%) ($41.3200 - $41.9750) on Mon. Jan. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.98% (three month average) |
RSI | 60 |
Latest Price | $41.9600(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(72%) IFRA(64%) SDY(63%) IVE(54%) IWD(54%) |
Factors Impacting FE price | FE will decline at least -0.49% in a week (0% probabilities). VIXM(-25%) UUP(-16%) TBT(-14%) VXX(-3%) KWEB(2%) |
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 | -0.49% (StdDev 0.98%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.4% |
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