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Archive - 10/2/2026 - Sign In to see current Signals. |
FirstEnergy Corp. (FE) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the FirstEnergy Corp. (FE). During the week, the FE climbed 0.04 points, or 0.09%, and closed at 43.34 on Friday, October 2, 2026. Weekly volume was 10% above average. FE is a member of Utilities Sector. Utilities is the 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 price is near the trend support (42.87) line. The support is usually stronger when technical indicators are oversold. 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 support line in a long-term trend.
Medium-term trend: [See FE medium-term trend chart] A medium-term downtrend had started on July 28, 2026 at 50.45 and reached 42.67 on September 28, 2026. FE lost 7.78 points, or 15.42%, in 8 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend support (43.43) line. The support is usually stronger when technical indicators are oversold. 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 support line in a medium-term trend.
Weekly Technical Indicators: [See FE weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 weekly MACD line is below its signal line since August 7, 2026. This is an indication that the medium-term trend is down. 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 September 4, 2026 at 47.24 and reached 42.67 on September 28, 2026. FE lost 4.57 points, or 9.67%, in 24 days. The chart has formed a Broadening Descending Wedge chart pattern.
Daily Technical Indicators: [See FE daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. The daily MACD line is below its signal line since September 14, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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.
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