| EIX latest price $51.0200 (1.01%) ($50.3200 - $51.3400) on Tue. Jul. 15, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.35% (three month average) |
RSI | 49 |
Latest Price | $51.0200(1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.2% a day on average for past five trading days. |
Weekly Trend | EIX advances 0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) XLU(75%) SPY(57%) XLP(55%) EEM(49%) IWM(49%) |
Factors Impacting EIX price | EIX will decline at least -0.675% in a week (0% probabilities). TLT(-13%) SHY(-5%) TIP(2%) GLD(10%) LQD(20%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.675% (StdDev 1.35%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
| |
|
|