| EIX latest price $67.5200 (2.74%) ($65.7300 - $67.6600) on Wed. May. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 19 |
Latest Price | $67.5200(2.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.1% a day on average for past five trading days. |
Weekly Trend | EIX declines -4.5% 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) XLU(83%) SPLV(70%) XLP(56%) XLRE(55%) VYM(53%) |
Factors Impacting EIX price | EIX will decline at least -0.65% in a week (0% probabilities). VXX(-30%) TBT(-23%) VIXM(-21%) UUP(-18%) SMH(-12%) |
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 | -0.65% (StdDev 1.3%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2.7% |
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