| FE latest price $40.1000 (0.75%) ($39.6000 - $40.1500) on Tue. Apr. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 52 |
Latest Price | $40.1000(0.75%) |
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 0.1% 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) XLU(84%) SPLV(68%) IFRA(55%) SDY(53%) XLRE(52%) |
Factors Impacting FE price | FE will decline at least -0.7% in a week (0% probabilities). TBT(-27%) VXX(-19%) EDOC(-15%) VIXM(-14%) UUP(-13%) |
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 | 1.5 () |
Intraday Trend | 0.7% |
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