| FE latest price $39.6800 (-2.07%) ($39.5900 - $40.7900) on Tue. Aug. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 74 |
Latest Price | $39.6800(-2.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
Weekly Trend | FE advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(75%) IFRA(65%) SDY(63%) IWD(58%) IVE(55%) |
Factors Impacting FE price | FE will decline at least -0.715% in a week (0% probabilities). VIXM(-26%) UUP(-14%) TBT(-14%) EDOC(-8%) VXX(-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 | -0.715% (StdDev 1.43%) |
Hourly BBV | -2.1 () |
Intraday Trend | -2.3% |
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