FIRSTENERGY CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	FE
ISIN:

FIRSTENERGY CORP. - Daily - Technical analysis published on 10/15/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

44%

33%

22%

My opinion

Bullish above 42.28 USD

My targets

44.65 USD (+2.71%)

47.26 USD (+8.73%)

My analysis

The basic bullish trend is very strong on FIRSTENERGY CORP. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 42.28 USD. Crossing the first resistance at 44.65 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 47.26 USD as an objective. Crossing it would then enable buyers to target 57.25 USD. Caution, a return to below 42.28 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

4.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by robby1966. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

FIRSTENERGY CORP. rating 43.47 USD. The price registered an increase of +0.70% on the session and was traded between 43.30 USD and 43.87 USD over the period. The price is currently at +0.39% from its lowest and -0.91% from its highest.

43.30

43.87

43.47

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by FIRSTENERGY CORP.:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this FIRSTENERGY CORP. chart shows a strongly bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 4 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	40.86	42.28	43.22	43.47	44.65	57.25
Change (%)	-6.00%	-2.74%	-0.58%	-	+2.71%	+31.70%
Change	-2.61	-1.19	-0.25	-	+1.18	+13.78
Level	Intermediate	Intermediate	Minor	-	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	42.40	42.58	42.87	43.05	43.34	43.52	43.81
Camarilla	43.04	43.08	43.13	43.17	43.21	43.26	43.30
Woodie	42.47	42.61	42.94	43.08	43.41	43.55	43.88
Fibonacci	42.58	42.76	42.87	43.05	43.23	43.34	43.52

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	41.03	41.62	42.16	42.75	43.29	43.88	44.42
Camarilla	42.40	42.50	42.61	42.71	42.81	42.92	43.02
Woodie	41.02	41.61	42.15	42.74	43.28	43.87	44.41
Fibonacci	41.62	42.05	42.32	42.75	43.18	43.45	43.88

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	41.17	42.06	43.20	44.09	45.23	46.12	47.26
Camarilla	43.79	43.98	44.16	44.35	44.54	44.72	44.91
Woodie	41.31	42.12	43.34	44.15	45.37	46.18	47.40
Fibonacci	42.06	42.83	43.31	44.09	44.86	45.34	46.12

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.77
MACD (12,26,9):	-0.1200
Directional Movement:	1.46
AROON (14):	-50.00
DEMA (21):	43.27
Parabolic SAR (0,02-0,02-0,2):	42.20
Elder Ray (13):	0.34
Super Trend (3,10):	44.29
Zig ZAG (10):	43.63
VORTEX (21):	0.8800
Stochastique (14,3,5):	41.04
TEMA (21):	42.84
Williams %R (14):	-39.08
Chande Momentum Oscillator (20):	-0.40
Repulse (5,40,3):	1.0200
ROCnROLL:	1
TRIX (15,9):	-0.0200
Courbe Coppock:	3.85

MA7:	42.86
MA20:	43.48
MA50:	43.39
MA100:	41.20
MAexp7:	43.13
MAexp20:	43.36
MAexp50:	42.91
MAexp100:	41.64
Price / MA7:	+1.42%
Price / MA20:	-0.02%
Price / MA50:	+0.18%
Price / MA100:	+5.51%
Price / MAexp7:	+0.79%
Price / MAexp20:	+0.25%
Price / MAexp50:	+1.31%
Price / MAexp100:	+4.39%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on FIRSTENERGY CORP. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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