| FE latest price $36.1600 (1.57%) ($35.5500 - $36.2300) on Mon. Oct. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 54 |
Latest Price | $36.1600(1.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.8% a day on average for past five trading days. |
Weekly Trend | FE advances 1.9% 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(90%) SDY(77%) SPLV(77%) IFRA(73%) VYM(68%) |
Factors Impacting FE price | FE will decline at least -0.645% in a week (0% probabilities). TBT(-34%) VXX(-30%) VIXM(-25%) UUP(-15%) USO(-5%) |
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 | 1.7 () |
Intraday Trend | 1.2% |
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