| EIX latest price $70.3600 (0.9%) ($68.3900 - $70.4850) on Thu. Jun. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 85 |
Latest Price | $70.3600(0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.6% a day on average for past five trading days. |
Weekly Trend | EIX advances 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(79%) SDY(68%) IFRA(67%) IWD(64%) IVE(63%) |
Factors Impacting EIX price | EIX will decline at least -0.74% in a week (0% probabilities). VIXM(-35%) UUP(-30%) TBT(-18%) VXX(-0%) UNG(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 | -0.74% (StdDev 1.48%) |
Hourly BBV | 1.9 () |
Intraday Trend | 1.3% |
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