| EIX latest price $67.7200 (-1.24%) ($67.1500 - $68.7400) on Fri. Jun. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 46 |
Latest Price | $67.7200(-1.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.3% a day on average for past five trading days. |
Weekly Trend | EIX advances 0.6% a week on average for past two weeks. |
Market Behavior | Normal 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(83%) SPLV(70%) XLP(56%) XLRE(56%) VYM(52%) |
Factors Impacting EIX price | EIX will decline at least -0.64% in a week (0% probabilities). VXX(-29%) TBT(-22%) VIXM(-20%) UUP(-15%) SMH(-11%) |
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 | -0.64% (StdDev 1.28%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.2% |
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