| EIX latest price $68.7000 (2.98%) ($66.3600 - $68.7900) on Wed. Jun. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 41 |
Latest Price | $68.7000(2.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.3% a day on average for past five trading days. |
Weekly Trend | EIX declines -0.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) XLU(82%) SPLV(69%) XLRE(56%) XLP(55%) VYM(51%) |
Factors Impacting EIX price | EIX will decline at least -0.65% in a week (0% probabilities). VXX(-29%) TBT(-22%) VIXM(-20%) UUP(-15%) SMH(-10%) |
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 | -0.65% (StdDev 1.3%) |
Hourly BBV | 2.2 () |
Intraday Trend | 2.4% |
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