FIRSTENERGY CORP (FE) Stock Technical Analysis
NYSE:FE - New York Stock Exchange, Inc. - US3379321074 - Common Stock - Currency: USD
Overall FE gets a technical rating of 2 out of 10. FE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
FE is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 63% are performing better than FE.
FE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FE has a been trading in the 39.45 - 43.04 range, which is quite wide. It is currently trading near the lows of this range.
FE has an average volume of 5113000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, FE outperforms 47% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
The technical rating of FE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
37.56
45.00
2 important support areas can be observed.
- Support @39.38 from a trend line in the weekly time frame.
- A support zone ranging from 37.94 to 38.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 40.98 to 41.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @42.62 from a horizontal line in the daily time frame.
- Resistance @43.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 44.48 to 44.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FE is down. |
| ChartMill Relative Strength | 47.6 | NEUTRAL | FE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.26 | NEUTRAL | The RSI value for FE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests FE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.48 | OVERSOLD | The low Stochastics value suggests FE may be oversold. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for FE suggests low volalility. |
| Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for FE suggests a possible start of a new trend. |
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)
40.11
+0.29 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.73%
1 Week-2.74%
2 Weeks-4.73%
1 Month-3.86%
3 Month0.7%
6 Month-0.4%
12 Month3.46%
2 Year3.16%
3 Year4.48%
5 Year3.43%
10 Year23.23%
15 Year13.85%
Volatility
ATR(14)0.64
ATR(20)%1.64%
ATR Inc36.89%
Range Today0.69
ADR(20)0.62
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.6
Mansfield-0.77
10 Day High42.05
10 Day Low39.45
20 Day High43.04
20 Day Low39.45
52 Week High44.97
52 Week Low37.58
CS1 End39.38
CR1 Start40.98
Volume & EV
DER(3)0.5%
DER(5)-0.96%
Volume14.78M
Volume Incr75.06%
Vol(5)7.01M
Vol(50)5.11M