| EIX latest price $57.0200 (2.19%) ($55.7100 - $57.5200) on Thu. Mar. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 41 |
Latest Price | $57.0200(2.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.5% a day on average for past five trading days. |
Weekly Trend | EIX declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(69%) SDY(60%) IFRA(59%) XLU(58%) IVE(55%) |
Factors Impacting EIX price | EIX will decline at least -0.72% in a week (0% probabilities). VIXM(-29%) UUP(-26%) TBT(-10%) VXX(-4%) UNG(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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.4% |
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