| EIX latest price $55.5400 (0.38%) ($55.2830 - $56.2900) on Thu. Jul. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.89% (three month average) |
RSI | 43 |
Latest Price | $55.5400(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.2% a day on average for past five trading days. |
Weekly Trend | EIX declines -3.5% 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(62%) XLU(60%) IFRA(59%) SDY(59%) IVE(55%) |
Factors Impacting EIX price | EIX will decline at least -1.445% in a week (0% probabilities). VIXM(-28%) UUP(-22%) TBT(-6%) VXX(-5%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.445% (StdDev 2.89%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.1% |
| |
|
|