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Archive
- 5/23/2025 -
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FirstEnergy Corp. (FE) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the FirstEnergy Corp. (FE). During the week, the FE dropped -0.57 points, or -1.34%, and closed at 42.11 on Friday, May 23, 2025. 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 downtrend had started on September 5, 2024 at 44.97 and reached 37.58 on April 9, 2025. FE lost 7.39 points, or 16.43%, in 30 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (42.58). 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 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 43.47 on May 6, 2025. FE gained -5.89 points, or -15.67%, in 3 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See FE weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 above its signal line since April 11, 2025. This is an indication that the medium-term trend is up. 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 May 6, 2025 at 43.47 and reached 40.62 on May 14, 2025. FE lost 2.85 points, or 6.56%, in 8 days. The price is now at the 52.28% retracement level.
 Daily Technical Indicators: [See FE daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since May 7, 2025. This is an indication that the short-term trend is down.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 declined below the moving average in the center of the Bollinger Bands. 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.
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