Share on :

Asset Summary

Weekly Performance Report for FE ETF: Week 50, 2024

Summary: The Weekly started with FE ETF opening at $40.9 and closing at $40.32. The ETF showed weakness throughout the Weekly, with the highest price observed at $41.08 and the lowest at $40.07. The underlying asset had a trading range of $1.01 Overall, it was a negative trading Weekly for FE ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-0.58 or -1.42% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for FE ETF was 10,134,596 units during Week 50, indicating active market participation and investor interest.

Opening Price: The Weekly started at $40.9.

Highest Price: The highest price observed during the Weekly was $41.08.

Lowest Price: The lowest price observed during the Weekly was $40.07.

Closing Price: The Weekly ended at $40.32.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

Transform Your FE Trading Now

Revolutionize your investment in FE with RankMyTrade’s innovative trading solutions. Benefit from our comprehensive risk management features and sophisticated price analysis tools. Elevate your trading approach instantly with RankMyTrade now and achieve better trading outcomes!

Unlock Full Potential Now

Frequently Asked Questions

You can invest in FE stock through a brokerage account or by consulting with a financial advisor.

The outlook depends on regulatory environments, energy market conditions, and the company’s strategic initiatives.

Factors include regulatory changes, energy prices, weather conditions, and FirstEnergy’s financial performance.

FirstEnergy has a history of paying dividends, subject to board approval and company performance.

FirstEnergy is investing in renewable energy sources and energy efficiency programs as part of its sustainability goals.

The company uses advanced grid technology, smart meters, and data analytics to improve service and efficiency.

Market capitalization can vary; check financial news websites for the most current figures on FirstEnergy Corp.

FirstEnergy provides electric distribution, generation, and transmission services, along with energy efficiency programs.

Recent developments may include regulatory changes, acquisitions, or new initiatives in clean energy.

FirstEnergy invests in infrastructure improvements and technology upgrades to enhance grid reliability and performance.

Supercharge Your FE Trading Now

Unlock the full potential of FE with Rank My Trade Online’s cutting-edge automated trading system. Our platform provides precise price action analysis, advanced technical indicators, and powerful quantitative algorithms. Transform your trading strategy now and transform your trading experience today!

Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, RankMyTrade and its affiliates are not partners, affiliates, or licensees of these companies.

Supported Assets & ETFs