| FE latest price $41.3300 (-0.46%) ($41.1100 - $41.5250) on Mon. Dec. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.91% (three month average) |
RSI | 85 |
Latest Price | $41.3300(-0.46%) |
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 4.1% 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(70%) IFRA(56%) SDY(56%) IWD(49%) DIA(45%) |
Factors Impacting FE price | FE will decline at least -0.955% in a week (0% probabilities). VIXM(-16%) TBT(-6%) VCSH(-4%) SMH(-4%) ARKG(-4%) |
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 | -0.955% (StdDev 1.91%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.3% |
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