The Greedy Trader Weekly Analysis
Sign In May 29, 2026
Skip Navigation Links
Share
Symbol:  

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

Archive
- 5/22/2026 -
Sign In to see current Signals.

FirstEnergy Corp. (FE) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineLane's Stochastic is oversold
Daily :Stochastic has raised above the signal lineDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger BandsThe period of high volatility of the stock price
Move cursor over the icon to see details.

It was a first positive week after 5 consecutive negative weeks for the FirstEnergy Corp. (FE). During the week, the FE gained 2.49 points, or 5.68%, and closed at 46.31 on Friday, May 22, 2026. It was the best weekly gain since February 13, 2026. Weekly volume was -11% below average.

Long-term trend: [See FE long-term trend chart]
A long-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 Rising Channel chart pattern. The uptrend support line (47.85) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See FE medium-term trend chart]
A medium-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 5 weeks. The price is now at the 29.97% retracement level.

Weekly Technical Indicators: [See FE weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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 link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since April 24, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 46.39 on May 22, 2026. FE gained -2.66 points, or -6.08%, in 7 days. Price is near the trend high.

Daily Technical Indicators: [See FE daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

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.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is 111.16% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.63
Williams' Percentage Range (W%R) 71.30
Lane's Stochastic (%D-Slow) 74.39
Greed/Fear Indicator (GFI) 49.92
Moving Average Converg./Diverg. (MACD) -1.26
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.05
Williams' Percentage Range (W%R) 79.20
Lane's Stochastic (%D-Slow) 13.29
Oversold
Greed/Fear Indicator (GFI) 25.26
Moving Average Converg./Diverg. (MACD) 1.12
Trading Signals
Description Value Chart
Monthly Trendline Resistance 53.38
Upper Bollinger Band 49.55
50 Day Moving Average 48.56
Monthly Trendline Support 47.85
Price 46.31
Daily Stochastic Crossing 46.04
20 Day Moving Average 45.92
Weekly Stochastic Crossing 44.70
Parabolic System 43.99
Lower Bollinger Band 42.68
Sector and Industry
Description Name Rank
Sector Utilities 6
Industry Electric Utilities 55
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 43.73
Low Date 05/15/2026
High 46.39
High Date 05/22/2026
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 Rising Channel
Status Broken Support
Resistance 53.38
Support 47.85
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 Uptrend
Status
Resistance
Support
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.