| FE latest price $37.9800 (-1.15%) ($37.9800 - $39.1600) on Wed. Nov. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 54 |
Latest Price | $37.9800(-1.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.9% a day on average for past five trading days. |
Weekly Trend | FE advances 1.5% 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(71%) IFRA(58%) SDY(58%) IWD(51%) DIA(48%) |
Factors Impacting FE price | FE will decline at least -0.86% in a week (0% probabilities). VIXM(-18%) TBT(-12%) UUP(-4%) 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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.9% |
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