|
|
Downtrend Broken Resist.Archive
- 5/2/2025 -
Sign In to see current Signals. |
FirstEnergy Corp. (FE) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the FirstEnergy Corp. (FE). During the week, the FE gained 0.75 points, or 1.77%, and closed at 43.09 on Friday, May 2, 2025. Weekly volume was 39% above average.
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 February 18, 2020 at 52.52 and reached 22.85 on July 22, 2020. FE lost 29.67 points, or 56.49%, in 22 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 36.77 and resistance is at 43.77. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
 Medium-term trend: [See FE medium-term trend chart]
A medium-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 (42.79). 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 medium-term trend.
 Weekly Technical Indicators: [See FE weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought 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 link to access Williams' Percentage Range help.
The weekly MACD line is above its signal line since April 11, 2025. 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 1, 2025 at 42.60 and reached 43.22 on May 2, 2025. FE gained -0.62 points, or -1.46%, in 1 days. The price is now at the 20.97% retracement level.
 Daily Technical Indicators: [See FE daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily Relative Strength Index and MACD have bearish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help.
The daily MACD line is above its signal line since April 9, 2025. This is an indication that the short-term trend is up.
| |
|
|