| EIX latest price $69.9100 (-0.21%) ($68.8100 - $70.1500) on Tue. May. 31, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 58 |
Latest Price | $69.9100(-0.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 1% a day on average for past five trading days. |
Weekly Trend | EIX advances 2.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(79%) SDY(69%) IFRA(67%) IWD(64%) IVE(63%) |
Factors Impacting EIX price | EIX will decline at least -0.75% in a week (0% probabilities). VIXM(-35%) UUP(-30%) TBT(-17%) VXX(-0%) UNG(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.75% (StdDev 1.5%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.7% |
| |
|
|