| FE latest price $36.3800 (0.3%) ($36.2150 - $36.5460) on Mon. Aug. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 48 |
Latest Price | $36.3800(0.3%) |
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 -0.4% 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(89%) SPLV(72%) IFRA(70%) SDY(68%) VYM(61%) |
Factors Impacting FE price | FE will decline at least -0.55% in a week (0% probabilities). TBT(-29%) VXX(-21%) VIXM(-17%) UUP(-17%) EDOC(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.55% (StdDev 1.1%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.1% |
| |
|
|