| FE latest price $36.6300 (4.3%) ($35.7200 - $36.6600) on Tue. Nov. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 56 |
Latest Price | $36.6300(4.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.3% a day on average for past five trading days. |
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) SPY(95%) XLU(89%) SDY(79%) IVE(77%) IFRA(76%) |
Factors Impacting FE price | FE will decline at least -0.675% in a week (0% probabilities). VXX(-32%) TBT(-31%) EDOC(-31%) VIXM(-19%) UUP(-19%) |
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 | -0.675% (StdDev 1.35%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2.5% |
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