| EIX latest price $70.0600 (-0.34%) ($69.1400 - $70.8000) on Mon. May. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 43 |
Latest Price | $70.0600(-0.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.6% a day on average for past five trading days. |
Weekly Trend | EIX declines -1.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(77%) IFRA(66%) SDY(66%) IVE(61%) IWD(61%) |
Factors Impacting EIX price | EIX will decline at least -0.705% in a week (0% probabilities). VIXM(-35%) UUP(-32%) TBT(-16%) VXX(-1%) UNG(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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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