| FE latest price $36.5700 (1.44%) ($36.0800 - $36.7750) on Thu. Nov. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 58 |
Latest Price | $36.5700(1.44%) |
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 -0.1% 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(91%) SDY(79%) SPLV(78%) IFRA(76%) EMHY(70%) |
Factors Impacting FE price | FE will decline at least -0.67% in a week (0% probabilities). VXX(-37%) TBT(-35%) VIXM(-30%) UUP(-15%) USO(-13%) |
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 | -0.67% (StdDev 1.34%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.4% |
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