| EIX latest price $68.4200 (1.66%) ($67.3300 - $68.5000) on Mon. Mar. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.56% (three month average) |
RSI | 50 |
Latest Price | $68.4200(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.1% a day on average for past five trading days. |
Weekly Trend | EIX declines -0.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) XLU(85%) SPLV(77%) XLP(63%) XLRE(61%) SDY(54%) |
Factors Impacting EIX price | EIX will decline at least -0.78% in a week (0% probabilities). VIXM(-20%) VXX(-14%) SMH(-10%) TBT(-8%) UUP(-6%) |
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 | -0.78% (StdDev 1.56%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.6% |
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