| EIX latest price $69.8000 (1.63%) ($68.7100 - $69.9650) on Fri. Sep. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.18% (three month average) |
RSI | 55 |
Latest Price | $69.8000(1.63%) |
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 | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) GDXJ(99%) GDX(98%) IGOV(95%) ARKK(93%) PCY(91%) |
Factors Impacting EIX price | EIX will decline at least -0.59% in a week (0% probabilities). VIXM(-95%) VXX(-93%) TBT(-44%) UUP(-36%) USO(-30%) |
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 | -0.59% (StdDev 1.18%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.3% |
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