| EIX latest price $67.9600 (0.98%) ($67.2400 - $68.3000) on Thu. Dec. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.1% (three month average) |
RSI | 66 |
Latest Price | $67.9600(0.98%) |
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 1.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(75%) IFRA(64%) SDY(64%) IVE(59%) IWD(59%) |
Factors Impacting EIX price | EIX will decline at least -0.55% in a week (0% probabilities). VIXM(-32%) UUP(-30%) TBT(-15%) IGOV(-5%) VXX(-2%) |
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 | -0.55% (StdDev 1.1%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.9% |
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