FIRSTENERGY CORP (FE)

US3379321074 - Common Stock

38.13  -0.44 (-1.14%)

After market: 38.13 0 (0%)

Technical Rating and Analysis

5

Overall FE gets a technical rating of 5 out of 10. In the last year, FE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
FE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FE is performing more or less in line with the market.
FE has an average volume of 2874170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, FE turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
FE is part of the Electric Utilities industry. There are 45 other stocks in this industry, FE did better than 59% of them.
In the last month FE has a been trading in a tight range between 36.81 and 38.73.
Weekly and Daily overview Charts
FE Weekly chart
FE Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, FE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 38.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.99, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

34.64

41.93

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 36.87 to 37.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @36.19 from a horizontal line in the daily time frame.
  • Support @34.99 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 38.36 to 38.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @41.51 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.86
Mansfield-0.78
10 Day High38.7
10 Day Low36.81
20 Day High38.73
20 Day Low36.81
52 Week High40.42
52 Week Low32.18
Performance
1 Week-0.1%
2 Weeks1.92%
1 Month-1.27%
3 Month4.81%
6 Month8.54%
12 Month-4.2%
2 Year-11.96%
3 Year0.55%
5 Year-9.28%
10 Year12.98%
15 Year-6.77%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)52.32
LBB36.91
UBB38.82
FE Daily chart

FIRSTENERGY CORP

NYSE:FE (4/26/2024, 7:04:00 PM)

After market: 38.13 0 (0%)

38.13

-0.44 (-1.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.14%
1 Week-0.1%
2 Weeks1.92%
1 Month-1.27%
3 Month4.81%
6 Month8.54%
12 Month-4.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.64
ATR(20)%1.58%
ATR Inc
Range Today0.86
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High38.7
10 Day Low36.81
20 Day High38.73
20 Day Low36.81
52 Week High40.42
52 Week Low32.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.48M
Volume Incr16.39%
Vol(5)3.11M
Vol(50)2.87M