| EIX latest price $55.3300 (1.88%) ($53.9000 - $55.6500) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 46 |
Latest Price | $55.3300(1.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.4% a day on average for past five trading days. |
Weekly Trend | EIX declines -3.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(62%) XLU(60%) IFRA(59%) SDY(59%) IVE(55%) |
Factors Impacting EIX price | EIX will decline at least -1.445% in a week (0% probabilities). VIXM(-28%) UUP(-22%) TBT(-6%) VXX(-5%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.445% (StdDev 2.89%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.9% |
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