| FE latest price $41.5200 (0.34%) ($40.7900 - $41.5700) on Fri. Dec. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.92% (three month average) |
RSI | 75 |
Latest Price | $41.5200(0.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.8% a day on average for past five trading days. |
Weekly Trend | FE advances 3.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) SPLV(70%) IFRA(56%) SDY(56%) IWD(49%) DIA(45%) |
Factors Impacting FE price | FE will decline at least -0.96% in a week (0% probabilities). VIXM(-16%) TBT(-6%) SMH(-4%) ARKG(-4%) VCSH(-3%) |
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 | -0.96% (StdDev 1.92%) |
Hourly BBV | 0.6 () |
Intraday Trend | 1.4% |
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