| FE latest price $39.0700 (-0.1%) ($39.0000 - $39.6550) on Fri. Jun. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 72 |
Latest Price | $39.0700(-0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.1% a day on average for past five trading days. |
Weekly Trend | FE advances 2.4% 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(87%) SPLV(72%) IFRA(68%) SDY(62%) VYM(57%) |
Factors Impacting FE price | FE will decline at least -0.665% in a week (0% probabilities). TBT(-29%) VXX(-24%) VIXM(-18%) UUP(-16%) EDOC(-12%) |
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 | -0.665% (StdDev 1.33%) |
Hourly BBV | 0.8 () |
Intraday Trend | -1% |
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