| EIX latest price $58.1100 (2.29%) ($56.6200 - $58.5500) on Fri. Oct. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 81 |
Latest Price | $58.1100(2.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.7% a day on average for past five trading days. |
Weekly Trend | EIX advances 5.2% 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(66%) IFRA(61%) SDY(61%) XLU(60%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -0.885% in a week (0% probabilities). VIXM(-31%) UUP(-25%) TBT(-7%) VXX(-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 | -0.885% (StdDev 1.77%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.3% |
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