| EIX latest price $68.4200 (0.5%) ($67.5600 - $68.4800) on Wed. May. 25, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 48 |
Latest Price | $68.4200(0.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.8% a day on average for past five trading days. |
Weekly Trend | EIX declines -1.3% 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) SPLV(78%) SDY(68%) IFRA(67%) IVE(63%) IWD(63%) |
Factors Impacting EIX price | EIX will decline at least -0.755% in a week (0% probabilities). VIXM(-35%) UUP(-31%) TBT(-17%) VXX(-0%) UNG(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.755% (StdDev 1.51%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.6% |
| |
|
|