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- 7/17/2026 -
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FirstEnergy Corp. (FE) Technical Analysis

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Summary:
Weekly :Overbought sector
Daily :Williams' Percentage Range is overboughtMACD bearish divergenceThe price has risen above the Parabolic SARTrend resistance at 41.62
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It was a first positive week for the FirstEnergy Corp. (FE). During the week, the FE gained 0.61 points, or 1.27%, and closed at 48.53 on Friday, July 17, 2026. FE was trading at average weekly trading volume.

FE is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See FE long-term trend chart]
A long-term uptrend had started on October 3, 2023 at 32.18 and reached 52.34 on April 9, 2026. FE gained -20.16 points, or -62.65%, in 131 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 42.10 and resistance is at 52.45. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See FE medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 37.58 and reached 52.34 on April 9, 2026. FE gained -14.76 points, or -39.28%, in 52 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 44.69 and resistance is at 55.01. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See FE weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is below its signal line since April 24, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.

Short-term trend: [See FE short-term trend chart]
A short-term downtrend had started on April 9, 2026 at 52.34 and reached 43.73 on May 15, 2026. FE lost 8.61 points, or 16.45%, in 36 days. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (41.62). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.

Daily Technical Indicators: [See FE daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The daily MACD line is above its signal line since May 19, 2026. The distance between MACD and the signal line is low, but getting bigger.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 50.36
Williams' Percentage Range (W%R) 10.10
Overbought
Lane's Stochastic (%D-Slow) 69.57
Greed/Fear Indicator (GFI) 69.95
Moving Average Converg./Diverg. (MACD) 0.46 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.14
Williams' Percentage Range (W%R) 33.20
Lane's Stochastic (%D-Slow) 65.67
Greed/Fear Indicator (GFI) 60.84
Moving Average Converg./Diverg. (MACD) 0.27
Trading Signals
Description Value Chart
Monthly Trendline Resistance 55.01
Quarterly Trendline Resistance 52.45
Upper Bollinger Band 49.38
Daily Stochastic Crossing 49.16
Price 48.53
Weekly Stochastic Crossing 48.39
Weekly Trendline Support 48.14
20 Day Moving Average 47.99
Parabolic System 47.75
50 Day Moving Average 46.61
Lower Bollinger Band 46.57
Monthly Trendline Support 44.69
Quarterly Trendline Support 42.10
Weekly Trendline Resistance 41.62
Sector and Industry
Description Name Rank
Sector Utilities 9
Industry Electric Utilities 74
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 43.73
Low Date 05/15/2026
High 49.87
High Date 07/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Test Resistance
Resistance 41.62
Support 48.14
High 52.34
High Date 04/09/2026
Low 43.73
Low Date 05/15/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 55.01
Support 44.69
Low 37.58
Low Date 04/09/2025
High 52.34
High Date 04/09/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 52.45
Support 42.10
Low 32.18
Low Date 10/03/2023
High 52.34
High Date 04/09/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 22.85
Low Date 07/22/2020
High 52.34
High Date 04/09/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.