| EIX latest price $70.5400 (-0.07%) ($69.6700 - $71.2000) on Mon. Apr. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 59 |
Latest Price | $70.5400(-0.07%) |
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 1.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) XLU(83%) SPLV(72%) XLP(57%) XLRE(55%) VYM(50%) |
Factors Impacting EIX price | EIX will decline at least -0.82% in a week (0% probabilities). VXX(-25%) VIXM(-20%) TBT(-18%) SMH(-15%) EDOC(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.82% (StdDev 1.64%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.6% |
| |
|
|