The Greedy Trader Weekly Analysis
Sign In Aug 21, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 8/14/2026 -
Sign In to see current Signals.

FirstEnergy Corp. (FE) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Weekly  MACD line has moved below its signal lineOversold sector
Daily :Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldA Parabolic SAR indicator is below and near the pricePrice is close to the 50 Day Moving Average
Move cursor over the icon to see details.

It was the negative week for the FirstEnergy Corp. (FE). During the week, the FE gave back -0.06 points, or -0.13%, and closed at 47.41 on Friday, August 14, 2026. Weekly volume was -33% below average.

FE is a member of Utilities Sector. Utilities is the second most oversold 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 42.38 and resistance is at 52.73. 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 45.11 and resistance is at 55.78. 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.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.

Short-term trend: [See FE short-term trend chart]
A short-term uptrend had started on May 15, 2026 at 43.73 and reached 50.45 on July 28, 2026. FE gained -6.72 points, or -15.37%, in 74 days. The chart has formed a Rising Wedge chart pattern.

Daily Technical Indicators: [See FE daily technical indicators chart]
Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since July 29, 2026.

A Parabolic SAR (stop and reversal) indicator (47.5) comes close to the price (47.41). It indicates that the trend is getting weaker. 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.

Price is close to the 50 Day Moving Average. While daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 29.46
Williams' Percentage Range (W%R) 95.20
Strong Oversold
Lane's Stochastic (%D-Slow) 17.70
Oversold
Greed/Fear Indicator (GFI) 17.31
Oversold
Moving Average Converg./Diverg. (MACD) -0.10
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.39
Williams' Percentage Range (W%R) 65.90
Lane's Stochastic (%D-Slow) 66.01
Greed/Fear Indicator (GFI) 51.49
Moving Average Converg./Diverg. (MACD) 0.30
Trading Signals
Description Value Chart
Monthly Trendline Resistance 55.78
Quarterly Trendline Resistance 52.73
Upper Bollinger Band 49.81
Weekly Stochastic Crossing 48.69
20 Day Moving Average 48.25
50 Day Moving Average 47.80
Parabolic System 47.50
Price 47.41
Daily Stochastic Crossing 47.00
Lower Bollinger Band 45.84
Monthly Trendline Support 45.11
Quarterly Trendline Support 42.38
Sector and Industry
Description Name Rank
Sector Utilities 2
Industry Electric Utilities 17
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 43.73
Low Date 05/15/2026
High 50.45
High Date 07/28/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
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 55.78
Support 45.11
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 52.73
Support 42.38
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.