| EIX latest price $66.3900 (3.31%) ($64.5800 - $66.9900) on Wed. Jan. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 40 |
Latest Price | $66.3900(3.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.2% a day on average for past five trading days. |
Weekly Trend | EIX declines -1.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(74%) SDY(55%) IWD(49%) IFRA(48%) IVE(46%) |
Factors Impacting EIX price | EIX will decline at least -0.925% in a week (0% probabilities). VIXM(-18%) ARKG(-13%) UUP(-12%) VCSH(-11%) TBT(-9%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.5% |
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