| FE latest price $39.2900 (1.73%) ($38.7300 - $39.6050) on Wed. Mar. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 51 |
Latest Price | $39.2900(1.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.5% a day on average for past five trading days. |
Weekly Trend | FE declines -0.4% 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) XLU(85%) SPLV(70%) IFRA(58%) SDY(55%) XLRE(55%) |
Factors Impacting FE price | FE will decline at least -0.7% in a week (0% probabilities). TBT(-25%) VXX(-20%) VIXM(-12%) SMH(-12%) UUP(-10%) |
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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.1% |
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