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A Look at FirstEnergy’s Indicators and Short Interest

Vincent Kruger
A Look at FirstEnergy’s Indicators and Short Interest

FirstEnergy (FE) stock is currently trading at $34.61, 4% above its 50-day moving average and 7% above its 200-day moving average. This premium highlights its strength. Going forward, its 50-day moving average of ~$33.20 is expected to act as support.