| EIX latest price $68.0800 (2.45%) ($66.0400 - $68.1100) on Tue. May. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 41 |
Latest Price | $68.0800(2.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.4% a day on average for past five trading days. |
Weekly Trend | EIX declines -2.1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(78%) SDY(68%) IFRA(67%) IVE(63%) IWD(63%) |
Factors Impacting EIX price | EIX will decline at least -0.82% in a week (0% probabilities). VIXM(-35%) UUP(-31%) TBT(-17%) VXX(-0%) 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 | -0.82% (StdDev 1.64%) |
Hourly BBV | 2 () |
Intraday Trend | 2.3% |
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