| FE latest price $39.4500 (0.41%) ($38.5900 - $39.5200) on Wed. Jun. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 78 |
Latest Price | $39.4500(0.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.4% a day on average for past five trading days. |
Weekly Trend | FE advances 2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) XLU(87%) SPLV(71%) IFRA(67%) SDY(62%) VYM(57%) |
Factors Impacting FE price | FE will decline at least -0.645% in a week (0% probabilities). TBT(-30%) VXX(-25%) VIXM(-19%) UUP(-16%) ACES(-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 | -0.645% (StdDev 1.29%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.8% |
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