| EIX latest price $58.6500 (-2.4%) ($58.2500 - $60.0000) on Thu. Oct. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 27 |
Latest Price | $58.6500(-2.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.4% a day on average for past five trading days. |
Weekly Trend | EIX declines -6.1% 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(78%) SDY(66%) IFRA(63%) IWD(60%) IVE(59%) |
Factors Impacting EIX price | EIX will decline at least -0.915% in a week (0% probabilities). VIXM(-28%) UUP(-24%) TBT(-18%) UNG(-2%) EDOC(1%) |
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 | -0.915% (StdDev 1.83%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.2% |
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