US stock / ETF

FirstEnergy Corp.

FE · NYSE · USD

1 weekBearish90%
Weekly Downside probability 90%Bearish

FE 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $46.28 and stabilize above resistance $52.34.

Invalidation Trigger

Break above $52.34 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 42.3, MACD -0.435

Weekly
Volatility EnvironmentRange
Medium volatility

ATR is $1.74 (3.89%)

Weekly

EMA Structure

Bearish
EMA 8$45.1Bearish
EMA 21$46.28Bearish
EMA 50$46.3Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.3 · MACD -0.435

Momentum is weak

Strength
Bearish
Volatility
ATR $1.74 · BB 14.40%

Medium volatility

Strength
Range
Volume
MFI 32.0 · OBV -18.25%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$42.71 - $52.34

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.21% · 5.4 ATR above latest close

$54.08
Nearest resistance

+17.31% · 4.4 ATR above · 34-bar high

$52.34
Current price

Price shown is delayed

$44.62
Nearest support

-4.28% · 1.1 ATR below · 34-bar low

$42.71
Deeper support zone

-8.17% · 2.1 ATR below latest close

$40.97
ATR zone

Latest close ± ATR14

$42.88 - $46.35

Indicators

Trend

Dow Theory Structure

Confirmation $43.73, invalidation $50.45

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

21.6 / 13.8 / 21.6Bearish
Supertrend (10,3)

Price is above Supertrend

$39.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.3 / $47.52Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Volatility

ATR (14)

Medium volatility

$1.74 (3.89%)Range
Bollinger Bands (20,2)

Width 14.40%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.52 / $42.95Range
ATR channel lower / upper

Current Volatility Envelope

$42.88 / $46.35Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.34Range
Support

Nearest Downside Decision Level

$42.71Range

Momentum

RSI (14)

Momentum is weak

42.3Bearish
MACD (12,26,9)

Histogram is negative

-0.435Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.7 / 13.1Bullish
Williams %R (14)

Neutral zone

-75.3Range
CCI (20)

Weak expansion

-139.8Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.0Bearish
OBV slope

20-period OBV slope

-18.25%Bearish
Volume ratio

Relative to 20-period average volume

0.28xBearish

Trend

Dow Theory Structure

Confirmation $43.73, invalidation $50.45

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

21.6 / 13.8 / 21.6Bearish
Supertrend (10,3)

Price is above Supertrend

$39.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.3 / $47.52Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Momentum

RSI (14)

Momentum is weak

42.3Bearish
MACD (12,26,9)

Histogram is negative

-0.435Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.7 / 13.1Bullish
Williams %R (14)

Neutral zone

-75.3Range
CCI (20)

Weak expansion

-139.8Bearish
TD Sequential

Exhaustion setup is near completion

buy 11Bullish

Volatility

ATR (14)

Medium volatility

$1.74 (3.89%)Range
Bollinger Bands (20,2)

Width 14.40%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.52 / $42.95Range
ATR channel lower / upper

Current Volatility Envelope

$42.88 / $46.35Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.0Bearish
OBV slope

20-period OBV slope

-18.25%Bearish
Volume ratio

Relative to 20-period average volume

0.28xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.34Range
Support

Nearest Downside Decision Level

$42.71Range

Related Forecasts