| EIX latest price $65.1700 (-1.54%) ($65.1400 - $66.5600) on Tue. Mar. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 77 |
Latest Price | $65.1700(-1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.5% a day on average for past five trading days. |
Weekly Trend | EIX advances 4.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(76%) IFRA(65%) SDY(65%) IVE(60%) IWD(60%) |
Factors Impacting EIX price | EIX will decline at least -0.585% in a week (0% probabilities). VIXM(-33%) UUP(-30%) TBT(-15%) VXX(-1%) UNG(3%) |
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 | -0.585% (StdDev 1.17%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1.8% |
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