| FE latest price $41.1200 (1.08%) ($40.7200 - $41.1300) on Thu. Apr. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 42 |
Latest Price | $41.1200(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
Weekly Trend | FE declines -0.7% 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(83%) SPLV(67%) IFRA(58%) SDY(55%) XLRE(53%) |
Factors Impacting FE price | FE will decline at least -0.71% in a week (0% probabilities). TBT(-26%) VXX(-20%) VIXM(-16%) UUP(-15%) SMH(-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 | -0.71% (StdDev 1.42%) |
Hourly BBV | 1 () |
Intraday Trend | 0.8% |
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