Firstenergy Stock Technical Analysis

FE Stock  USD 38.62  0.16  0.42%   
As of the 28th of March, FirstEnergy shows the Downside Deviation of 1.12, coefficient of variation of 1058.33, and Mean Deviation of 0.8585. FirstEnergy technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for FirstEnergy, which can be compared to its rivals. Please confirm FirstEnergy treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if FirstEnergy is priced favorably, providing market reflects its regular price of 38.62 per share. Given that FirstEnergy has jensen alpha of 0.0086, we urge you to verify FirstEnergy's prevailing market performance to make sure the company can sustain itself at a future point.

FirstEnergy Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FirstEnergy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirstEnergy
  
FirstEnergy's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

FirstEnergy Analyst Consensus

Target PriceAdvice# of Analysts
40.14Buy16Odds
FirstEnergy current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most FirstEnergy analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand FirstEnergy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of FirstEnergy, talking to its executives and customers, or listening to FirstEnergy conference calls.
FirstEnergy Analyst Advice Details
FirstEnergy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of FirstEnergy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FirstEnergy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

FirstEnergy Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of FirstEnergy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

FirstEnergy Trend Analysis

Use this graph to draw trend lines for FirstEnergy. You can use it to identify possible trend reversals for FirstEnergy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual FirstEnergy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

FirstEnergy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for FirstEnergy applied against its price change over selected period. The best fit line has a slop of   0.02  , which suggests that FirstEnergy will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 17.83, which is the sum of squared deviations for the predicted FirstEnergy price change compared to its average price change.

About FirstEnergy Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of FirstEnergy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of FirstEnergy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on FirstEnergy price pattern first instead of the macroeconomic environment surrounding FirstEnergy. By analyzing FirstEnergy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of FirstEnergy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to FirstEnergy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03750.03720.04310.0493
Price To Sales Ratio2.041.921.631.02

FirstEnergy March 28, 2024 Technical Indicators

Most technical analysis of FirstEnergy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for FirstEnergy from various momentum indicators to cycle indicators. When you analyze FirstEnergy charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

FirstEnergy March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as FirstEnergy stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether FirstEnergy is a strong investment it is important to analyze FirstEnergy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FirstEnergy's future performance. For an informed investment choice regarding FirstEnergy Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstEnergy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For information on how to trade FirstEnergy Stock refer to our How to Trade FirstEnergy Stock guide.
Note that the FirstEnergy information on this page should be used as a complementary analysis to other FirstEnergy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for FirstEnergy Stock analysis

When running FirstEnergy's price analysis, check to measure FirstEnergy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstEnergy is operating at the current time. Most of FirstEnergy's value examination focuses on studying past and present price action to predict the probability of FirstEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstEnergy's price. Additionally, you may evaluate how the addition of FirstEnergy to your portfolios can decrease your overall portfolio volatility.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
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Is FirstEnergy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstEnergy. If investors know FirstEnergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstEnergy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.196
Dividend Share
1.58
Earnings Share
1.96
Revenue Per Share
22.138
Quarterly Revenue Growth
(0.01)
The market value of FirstEnergy is measured differently than its book value, which is the value of FirstEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of FirstEnergy's value that differs from its market value or its book value, called intrinsic value, which is FirstEnergy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstEnergy's market value can be influenced by many factors that don't directly affect FirstEnergy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstEnergy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.