| EIX latest price $64.7600 (6.37%) ($61.1800 - $64.9200) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.67% (three month average) |
RSI | 75 |
Latest Price | $64.7600(6.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 1.9% a day on average for past five trading days. |
Weekly Trend | EIX advances 4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(63%) XLU(62%) IFRA(61%) SDY(61%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -2.335% in a week (0% probabilities). VIXM(-31%) UUP(-22%) VXX(-7%) TBT(-4%) IGOV(-4%) |
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 | -2.335% (StdDev 4.67%) |
Hourly BBV | 1.9 () |
Intraday Trend | 5.5% |
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