| EIX latest price $53.9300 (-3.13%) ($53.5000 - $55.3700) on Mon. Aug. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 42 |
Latest Price | $53.9300(-3.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.3% a day on average for past five trading days. |
Weekly Trend | EIX declines -1.1% a week on average for past two weeks. |
Market Behavior | Growth 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(62%) XLU(61%) SDY(60%) IFRA(59%) IVE(55%) |
Factors Impacting EIX price | EIX will decline at least -1.195% in a week (0% probabilities). VIXM(-29%) UUP(-22%) TBT(-6%) VXX(-5%) 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 | -1.195% (StdDev 2.39%) |
Hourly BBV | -0.6 () |
Intraday Trend | -2.5% |
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