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FE Stock Forecast & FirstEnergy Corp. Chart Analysis

This article provides a detailed analysis of FE-FirstEnergy Corp. stock including a forecast for FE shares. It features FirstEnergy Corp. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

FE Historical Data Review

FE Current Price Performance Analysis

The FirstEnergy Corp. - FE stock traded on the American stock market, on 06-05-2024, closed at 39.44$ with a %-1.91 decreased compared to the previous day.

In the last month, the price of FE changed by %1.26 increased in value, from 38.95 dollars on 05-06-2024 to 39.44 dollars, increased.

Last year, the price of FE was 37.79 dollars on 06-06-2023, and changed by %4.37 increased in value, to 39.44 dollars increased within a year.

The price of FirstEnergy Corp. stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

FE with AI Stock Forecast & Price Target

FE stock forecast FirstEnergy Corp. price target

On the FE chart FirstEnergy Corp. price was recorded as 39.44 Dollars on 06/05/2024.

The artificial intelligence's forecast on FE stock is as follows.

The artificial intelligence's prediction error margin for FE stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for FirstEnergy Corp. stock over the next 4 months is: 37.4 Dollars.

The commentary on FE stock Target Price: Highest: 41.942 Dollars is predicted.

The commentary on FE stock Target Price: Lowest: 34.026 Dollars is predicted.

Resistance Price where FirstEnergy Corp. stock will Rise and Fall:

Date Price Prediction
06-20-2024 41.942
10-03-2024 39.293
02-20-2025 36.868

Support Price where FirstEnergy Corp. stock will Fall and Rise:

Date Price Prediction
07-30-2024 37.341
01-16-2025 35.329
04-01-2025 34.026

The commentary on FE stock: The target price can generally be said to be on the decline.

The commentary on FE stock: Fluctuations in the target price can be expected in the coming days.

The target price for FirstEnergy Corp. stock by the end of 2024 is predicted to be 35.818 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on FE stock, and the 2024 target price predictions for FirstEnergy Corp. are detailed above.

The technical analysis and charts for the commentary on FE stock are below.

FE Support & Resistance and Trend Analysis

FE review FirstEnergy Corp. technical analysis trend chart FE priceFE stock support and resistance price chart

FE stock you have reviewed the technical analysis support resistance charts regarding.

FE : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the FE review, the FirstEnergy Corp. support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

FirstEnergy Corp. Support and Resistance Prices:

FE Support Level Price FE Resistance Level Price
34.92 37.78
35.41 37.84
36.01 37.85
36.05 38.71
36.60 38.73
36.81 38.81
37.27 38.82
37.73 40.65
37.75
38.35

FE Technical Analysis: SMA, RSI, MACD

FE review FirstEnergy Corp. SMA chart analysis FE priceFE buy or sell review FirstEnergy Corp. MACD chart analysis FE price

Upon reviewing the FE chart, buy and sell signals have been generated in the FirstEnergy Corp. technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for FE stock are as follows:
  1. The technical analysis for FirstEnergy Corp. indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for FirstEnergy Corp. stock: Click here to read more predictions on ArcelorMittal S.A. stock.

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