| FE latest price $42.6000 (0.64%) ($42.0500 - $42.6900) on Thu. Feb. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.98% (three month average) |
RSI | 70 |
Latest Price | $42.6000(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.7% a day on average for past five trading days. |
Weekly Trend | FE advances 0.8% 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(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 | 1.3 () |
Intraday Trend | 0.9% |
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