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Downtrend ExhaustionArchive - 9/25/2026 - 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 the negative week for the FirstEnergy Corp. (FE). During the week, the FE dropped -1.96 points, or -4.33%, and closed at 43.30 on Friday, September 25, 2026. It was the worst weekly loss since May 8, 2026. Weekly volume was -21% below 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 (42.80) 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 42.81 on September 25, 2026. FE lost 7.64 points, or 15.14%, in 8 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend support line (43.84) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 medium-term trend.
Weekly Technical Indicators: [See FE weekly technical indicators chart] Weekly 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 weekly Lane's Stochastic or strongly oversold weekly 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 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 42.81 on September 25, 2026. FE lost 4.43 points, or 9.38%, in 21 days. The price is now at the 11.06% retracement level.
Daily Technical Indicators: [See FE daily technical indicators chart] Daily Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index or strongly oversold daily Williams' Percentage Range and Lane's Stochastic. 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. Use the following link to access Relative Strength Index help. 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 price touches the lower Bollinger Band. 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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