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- 8/22/2025 -
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FirstEnergy Corp. (FE) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range is overboughtDaily  MACD line has moved below its signal lineThe price has risen above the Parabolic SAR
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It was a seventh positive week after 7 consecutive negative weeks for the FirstEnergy Corp. (FE). During the week, the FE climbed 0.32 points, or 0.74%, and closed at 43.79 on Friday, August 22, 2025. Weekly volume was -17% below average.

FE is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See FE long-term trend chart]
A long-term uptrend had started on October 3, 2023 at 32.18 and reached 44.97 on September 5, 2024. FE gained -12.79 points, or -39.75%, in 48 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (39.55) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See FE medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 37.58 and reached 44.16 on August 5, 2025. FE gained -6.58 points, or -17.51%, in 16 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (40.52) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See FE weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since July 25, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See FE short-term trend chart]
A short-term uptrend had started on June 17, 2025 at 39.28 and reached 44.16 on August 5, 2025. FE gained -4.88 points, or -12.42%, in 49 days. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 39.50 and resistance is at 45.70. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See FE daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 49.30
Williams' Percentage Range (W%R) 15.00
Overbought
Lane's Stochastic (%D-Slow) 51.58
Greed/Fear Indicator (GFI) 61.95
Moving Average Converg./Diverg. (MACD) 0.64
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.27
Williams' Percentage Range (W%R) 6.50
Strong Overbought
Lane's Stochastic (%D-Slow) 80.95
Overbought
Greed/Fear Indicator (GFI) 77.30
Moving Average Converg./Diverg. (MACD) 0.20
Trading Signals
Description Value Chart
Weekly Trendline Resistance 45.70
Upper Bollinger Band 44.39
Price 43.79
Daily Stochastic Crossing 43.58
Weekly Stochastic Crossing 43.51
20 Day Moving Average 43.18
Quarterly Trendline Resistance 42.79
Parabolic System 42.74
Lower Bollinger Band 41.59
50 Day Moving Average 41.50
Monthly Trendline Support 40.52
Quarterly Trendline Support 39.55
Weekly Trendline Support 39.50
Monthly Trendline Resistance 37.16
Sector and Industry
Description Name Rank
Sector Utilities 12
Industry Electric Utilities 92
Daily Trend
Description Value
Direction Down
Chart Pattern Falling Channel
High 44.16
High Date 08/05/2025
Low 42.73
Low Date 08/19/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Right-Angled, Ascending Wedge
Status Valid
Resistance 45.70
Support 39.50
Low 39.28
Low Date 06/17/2025
High 44.16
High Date 08/05/2025
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 37.16
Support 40.52
Low 37.58
Low Date 04/09/2025
High 44.16
High Date 08/05/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 42.79
Support 39.55
Low 32.18
Low Date 10/03/2023
High 44.97
High Date 09/05/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 22.85
Low Date 07/22/2020
High 48.85
High Date 04/21/2022
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.