| FE latest price $42.2500 (0.43%) ($42.0950 - $42.4100) on Thu. Dec. 29, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 55 |
Latest Price | $42.2500(0.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
Weekly Trend | FE advances 0.1% 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(69%) IFRA(56%) SDY(55%) IWD(48%) DIA(43%) |
Factors Impacting FE price | FE will decline at least -0.85% in a week (0% probabilities). ARKG(-8%) SMH(-6%) BLOK(-6%) ARKK(-5%) BOTZ(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.85% (StdDev 1.7%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|