| FE latest price $37.1200 (2.68%) ($35.6000 - $37.2800) on Thu. Oct. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 36 |
Latest Price | $37.1200(2.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.1% a day on average for past five trading days. |
Weekly Trend | FE declines -2.6% a week on average for past two weeks. |
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(74%) IFRA(62%) SDY(61%) IWD(55%) IVE(52%) |
Factors Impacting FE price | FE will decline at least -0.795% in a week (0% probabilities). VIXM(-20%) TBT(-12%) UUP(-10%) VXX(-1%) UNG(-1%) |
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 | -0.795% (StdDev 1.59%) |
Hourly BBV | 1.1 () |
Intraday Trend | 3.8% |
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