| EIX latest price $59.5300 (2.29%) ($57.7200 - $59.6300) on Fri. Aug. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 81 |
Latest Price | $59.5300(2.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.9% a day on average for past five trading days. |
Weekly Trend | EIX advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(72%) SDY(62%) IFRA(61%) XLU(57%) IVE(56%) |
Factors Impacting EIX price | EIX will decline at least -0.7% in a week (0% probabilities). VIXM(-30%) UUP(-28%) TBT(-14%) VXX(-3%) IGOV(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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.5% |
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