Firstenergy (FE) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for FE · data as of Jun 25, 2026. The chart above is live; the read below updates daily.

$48.01last close · Jun 25, 2026

FE Falling Wedge Pattern

No chart pattern is currently detected on FE. The most recent was a Falling Wedge, detected Apr 11, 2025.

A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $45.59 (+13.1%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; FE's own falling wedges have hit 60.0%.

DirectionBullishTarget$45.59Projected move+13.1%Breakout level$40.57

FE's most recent Falling Wedge trade

FE's most recent completed Falling Wedge resolved as a win: it broke higher on Apr 14, 2025 near $41.12, then reached its target at $45.59 on Sep 30, 2025 — a +1.26R move (10.9%) over 116 sessions. Across 138 backtested falling wedges, this setup wins 56.5% of the time.

OutcomeWinResult+1.26REntry$41.12Exit$45.59

How Falling Wedges have performed

Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
FE win rate
60.0%

Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.

FE support and resistance levels

Price found a floor near $44.21 about 5 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $65.52 — still about 35% away.

  • Traders commonly watch $65.52 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • Nothing here is a signal to act — the long would have set up at the $44.21 floor about 5 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh entry.

Nearest auto-detected support sits near $43.12, resistance near $48.42. These are chart/swing-derived levels, not formula pivots.

Resistance
$48.42$67.43
Support
$43.12

FE recent daily prices

DateOpenHighLowClose
Jun 25, 2026$47.92$48.30$47.64$48.01
Jun 24, 2026$47.64$47.94$47.35$47.82
Jun 23, 2026$46.90$47.51$46.75$47.45
Jun 22, 2026$46.74$47.07$46.28$46.76
Jun 18, 2026$46.01$47.01$46.00$46.45
Jun 17, 2026$47.46$47.83$45.91$46.14
Jun 16, 2026$47.44$48.10$47.31$47.70
Jun 15, 2026$46.80$47.66$46.56$47.34
Jun 12, 2026$47.00$47.36$46.57$47.03
Jun 11, 2026$46.67$47.02$46.55$46.67

FE frequently asked questions

What chart pattern is FE forming right now?
No pattern is currently detected on FE. The most recent was a Falling Wedge, detected Apr 11, 2025.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on FE is a bullish pattern, projecting a measured-move target of $45.59. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for FE?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), FE's nearest support is around $43.12 and nearest resistance around $48.42.
What is the price target if FE's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $45.59 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was FE's closing price on Jun 25, 2026?
Firstenergy (FE) last closed at $48.01 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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