| EIX latest price $52.3400 (2.11%) ($50.9300 - $52.3700) on Mon. Aug. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.29% (three month average) |
RSI | 38 |
Latest Price | $52.3400(2.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.2% a day on average for past five trading days. |
Weekly Trend | EIX declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(64%) IFRA(62%) SDY(62%) XLU(60%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -1.145% in a week (0% probabilities). VIXM(-29%) UUP(-24%) TBT(-6%) VXX(-5%) EDOC(-2%) |
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 | -1.145% (StdDev 2.29%) |
Hourly BBV | 2 () |
Intraday Trend | 1.9% |
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