| EIX latest price $51.4200 (-2.3%) ($51.1900 - $52.9300) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 46 |
Latest Price | $51.4200(-2.3%) |
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 -0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(65%) IFRA(62%) SDY(62%) XLU(60%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -0.905% in a week (0% probabilities). VIXM(-31%) UUP(-25%) VXX(-6%) TBT(-6%) IGOV(-6%) |
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 | -0.905% (StdDev 1.81%) |
Hourly BBV | -1.6 () |
Intraday Trend | -1.9% |
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