| EIX latest price $59.8600 (1.03%) ($59.2700 - $60.4000) on Tue. Jun. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 66 |
Latest Price | $59.8600(1.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 1.3% a day on average for past five trading days. |
Weekly Trend | EIX advances 1.5% 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) SPLV(63%) XLU(62%) IFRA(60%) SDY(60%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -2.3% in a week (0% probabilities). VIXM(-31%) UUP(-22%) VXX(-7%) TBT(-4%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.3% (StdDev 4.6%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.5% |
| |
|
|