| EIX latest price $72.2600 (2.8%) ($70.3100 - $72.4500) on Wed. Apr. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 61 |
Latest Price | $72.2600(2.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.7% 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 | 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(72%) XLP(57%) XLRE(55%) VYM(50%) |
Factors Impacting EIX price | EIX will decline at least -0.8% in a week (0% probabilities). VXX(-24%) VIXM(-20%) TBT(-18%) SMH(-15%) EDOC(-12%) |
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 | -0.8% (StdDev 1.6%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.4% |
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