| EIX latest price $56.7900 (1.03%) ($55.8000 - $56.9500) on Tue. Jun. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 44 |
Latest Price | $56.7900(1.03%) |
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 -1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(71%) SDY(61%) IFRA(60%) XLU(58%) IWD(56%) |
Factors Impacting EIX price | EIX will decline at least -0.62% in a week (0% probabilities). VIXM(-30%) UUP(-28%) TBT(-12%) VXX(-3%) IGOV(0%) |
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 | -0.62% (StdDev 1.24%) |
Hourly BBV | 2.2 () |
Intraday Trend | 1% |
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