| EIX latest price $58.6500 (-0.81%) ($58.4600 - $59.1200) on Fri. Sep. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 61 |
Latest Price | $58.6500(-0.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.4% a day on average for past five trading days. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(72%) IFRA(62%) SDY(62%) XLU(58%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -0.645% in a week (0% probabilities). VIXM(-30%) UUP(-28%) TBT(-14%) IGOV(-4%) VXX(-3%) |
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 | -0.645% (StdDev 1.29%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.6% |
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