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Archive
- 4/17/2025 -
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FirstEnergy Corp. (FE) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second consecutive positive week for the FirstEnergy Corp. (FE). During the week, the FE gained 1.42 points, or 3.50%, and closed at 42.02 on Thursday, April 17, 2025. It was the best weekly gain since February 21, 2025. Weekly volume was 37% above 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 downtrend had started on February 18, 2020 at 52.52 and reached 22.85 on July 22, 2020. FE lost 29.67 points, or 56.49%, in 22 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 36.65 and resistance is at 43.84. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
 Medium-term trend: [See FE medium-term trend chart]
A medium-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 Rising Wedge chart pattern. The uptrend support line (44.85) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a medium-term trend.
 Weekly Technical Indicators: [See FE weekly technical indicators chart]
Weekly technical indicators are neutral. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 link to access Lane's Stochastic help.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 April 9, 2025 at 37.58 and reached 42.41 on April 17, 2025. FE gained -4.83 points, or -12.85%, in 8 days. The price is now at the 8.07% retracement level.
 Daily Technical Indicators: [See FE daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.
The daily MACD line is above its signal line since April 9, 2025. This is an indication that the short-term trend is up.
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