| FE latest price $36.9200 (2.07%) ($36.4500 - $37.1850) on Mon. Oct. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 44 |
Latest Price | $36.9200(2.07%) |
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 -1.5% 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(73%) IFRA(60%) SDY(60%) IWD(53%) IVE(50%) |
Factors Impacting FE price | FE will decline at least -0.82% in a week (0% probabilities). VIXM(-19%) TBT(-11%) UUP(-6%) UNG(-3%) VXX(-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 | -0.82% (StdDev 1.64%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.9% |
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