| FE latest price $37.4500 (1.08%) ($36.8600 - $37.4800) on Wed. Dec. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 62 |
Latest Price | $37.4500(1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FE advances 0.2% 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 | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support FE advance at 0% a week (0% probability) XLU(96%) SPLV(83%) IVE(77%) SDY(77%) XLV(77%) |
Factors Impacting FE price | FE will decline at least -0.65% in a week (0% probabilities). VIXM(-54%) VXX(-55%) TBT(-19%) IWC(-9%) UUP(-6%) |
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 | -0.65% (StdDev 1.3%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.6% |
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