| EIX latest price $67.6500 (-0.32%) ($67.3900 - $68.9600) on Wed. Dec. 14, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 69 |
Latest Price | $67.6500(-0.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.7% a day on average for past five trading days. |
Weekly Trend | EIX advances 2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(73%) SDY(56%) IFRA(49%) IWD(49%) IVE(47%) |
Factors Impacting EIX price | EIX will decline at least -1.065% in a week (0% probabilities). VIXM(-20%) UUP(-13%) VCSH(-12%) ARKG(-11%) EDOC(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.065% (StdDev 2.13%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.6% |
| |
|
|