| FE latest price $37.5400 (-0.32%) ($37.3500 - $37.7800) on Wed. Nov. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 58 |
Latest Price | $37.5400(-0.32%) |
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 1.8% a week on average for past two weeks. |
Market Behavior | Value stock 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(94%) IVE(81%) SDY(81%) DIA(79%) SPLV(79%) |
Factors Impacting FE price | FE will decline at least -0.66% in a week (0% probabilities). VXX(-47%) VIXM(-31%) TBT(-28%) UUP(-18%) UNG(-12%) |
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 | -0.66% (StdDev 1.32%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.6% |
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