| EIX latest price $56.7400 (-1.18%) ($56.1800 - $57.2100) on Wed. Oct. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 49 |
Latest Price | $56.7400(-1.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.4% a day on average for past five trading days. |
Weekly Trend | EIX declines -1.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(77%) SDY(64%) IFRA(60%) IWD(59%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -0.995% in a week (0% probabilities). VIXM(-25%) UUP(-24%) TBT(-15%) EDOC(-3%) UNG(-2%) |
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 | -0.995% (StdDev 1.99%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0.3% |
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