Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Firstenergy Corp shares valued at $264,601 were purchased by Walker Christine on Sep 12 ’24. At $44.10 per share, Walker Christine acquired 6,000 shares.
As published in a research note from Wolfe Research on January 23, 2025, Firstenergy Corp [FE] has been rated down from an Outperform to a Peer perform. Analysts at Scotiabank upgraded the stock from ‘”a Sector perform”‘ to ‘”a Sector outperform”‘ outlook in a report released in mid December. As of October 31, 2024, Seaport Research Partners has decreased its “Buy” rating to a “Neutral” for FE. Earlier on October 14, 2024, Jefferies initiated its rating. Their recommendation was “a Hold” for FE stock.
Analyzing FE Stock Performance
During the last five days, there has been a surge of approximately 1.79%. Over the course of the year, Firstenergy Corp shares have dropped approximately -0.15%. Shares of the company reached a 52-week high of $41.03 on 01/28/25 and a 52-week low of $38.50 on 01/13/25. A 50-day SMA is recorded $40.35, while a 200-day SMA reached $40.92. Nevertheless, trading volume fell to 4.52 million shares from 5.01 million shares the previous day.
Support And Resistance Levels for Firstenergy Corp (FE)
According to the 24-hour chart, there is a support level at 39.31, which, if violated, would cause prices to drop to 38.89. In the upper region, resistance lies at 40.12. The next price resistance is at 40.51. RSI (Relative Strength Index) is 48.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.24, which suggests the price will decrease in the coming days. Percent R is at 51.78%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
