| EIX latest price $58.5600 (-1.65%) ($58.5500 - $59.7400) on Thu. Mar. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.46% (three month average) |
RSI | 79 |
Latest Price | $58.5600(-1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.4% a day on average for past five trading days. |
Weekly Trend | EIX advances 3.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(70%) SDY(60%) IFRA(59%) XLU(59%) IVE(55%) |
Factors Impacting EIX price | EIX will decline at least -0.73% in a week (0% probabilities). VIXM(-30%) UUP(-27%) TBT(-11%) VXX(-4%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.73% (StdDev 1.46%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1.6% |
| |
|
|