| EIX latest price $70.4600 (1.56%) ($69.4800 - $70.5800) on Wed. Jul. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 52 |
Latest Price | $70.4600(1.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.1% a day on average for past five trading days. |
Weekly Trend | EIX advances 0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) XLU(81%) SPLV(74%) XLP(63%) VYM(56%) IFRA(55%) |
Factors Impacting EIX price | EIX will decline at least -0.61% in a week (0% probabilities). VXX(-41%) VIXM(-37%) TBT(-34%) UUP(-11%) SMH(-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 | -0.61% (StdDev 1.22%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.1% |
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