| EIX latest price $70.2300 (1.65%) ($68.6200 - $70.8000) on Wed. Jul. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.19% (three month average) |
RSI | 61 |
Latest Price | $70.2300(1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.2% a day on average for past five trading days. |
Weekly Trend | EIX advances 0.4% a week on average for past two weeks. |
Market Behavior | Normal 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(82%) SPLV(75%) XLP(64%) VYM(59%) IFRA(58%) |
Factors Impacting EIX price | EIX will decline at least -0.595% in a week (0% probabilities). VXX(-37%) VIXM(-34%) TBT(-32%) UUP(-16%) EDOC(-13%) |
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 | -0.595% (StdDev 1.19%) |
Hourly BBV | 2 () |
Intraday Trend | 2% |
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