| EIX latest price $65.2500 (1.18%) ($64.6300 - $65.4700) on Thu. Mar. 3, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 74 |
Latest Price | $65.2500(1.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 2% a day on average for past five trading days. |
Weekly Trend | EIX advances 3.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(76%) IFRA(66%) SDY(66%) IWD(61%) IVE(60%) |
Factors Impacting EIX price | EIX will decline at least -0.6% in a week (0% probabilities). VIXM(-33%) UUP(-31%) TBT(-16%) VXX(-1%) UNG(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.6% (StdDev 1.2%) |
Hourly BBV | 1 () |
Intraday Trend | 0.8% |
| |
|
|