| FE latest price $38.6100 (-0.87%) ($38.5600 - $39.0800) on Fri. Jun. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.39% (three month average) |
RSI | 57 |
Latest Price | $38.6100(-0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.5% a day on average for past five trading days. |
Weekly Trend | FE advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal 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(87%) SPLV(72%) IFRA(64%) SDY(58%) XLRE(56%) |
Factors Impacting FE price | FE will decline at least -0.695% in a week (0% probabilities). TBT(-27%) VXX(-23%) VIXM(-17%) UUP(-14%) BWX(-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 | -0.695% (StdDev 1.39%) |
Hourly BBV | 0.3 () |
Intraday Trend | -1% |
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