| EIX latest price $35.1000 (-3.25%) ($34.8600 - $35.6900) on Wed. Nov. 5, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.04% (three month average) |
RSI | 56 |
Latest Price | $35.1000(-3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 1% a day on average for past five trading days. |
Weekly Trend | EIX advances 2.9% 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(74%) SPY(54%) XLP(54%) IWM(48%) EWG(46%) |
Factors Impacting EIX price | EIX will decline at least -2.02% in a week (0% probabilities). TLT(-13%) SHY(-1%) TIP(2%) GLD(12%) LQD(17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.02% (StdDev 4.04%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
| |
|
|