| EIX latest price $69.0900 (-0.92%) ($68.9500 - $70.2100) on Thu. Jun. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 58 |
Latest Price | $69.0900(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.4% a day on average for past five trading days. |
Weekly Trend | EIX advances 1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) XLU(83%) SPLV(76%) XLP(65%) VYM(61%) IFRA(59%) |
Factors Impacting EIX price | EIX will decline at least -0.62% in a week (0% probabilities). VXX(-37%) VIXM(-30%) TBT(-28%) UUP(-24%) EDOC(-12%) |
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 | -0.9 () |
Intraday Trend | -1.3% |
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