| EIX latest price $61.1200 (-0.39%) ($60.8100 - $61.6700) on Mon. Apr. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 53 |
Latest Price | $61.1200(-0.39%) |
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 1.5% 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(61%) IFRA(60%) XLU(59%) IVE(55%) |
Factors Impacting EIX price | EIX will decline at least -0.65% in a week (0% probabilities). VIXM(-30%) UUP(-27%) TBT(-11%) VXX(-4%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.65% (StdDev 1.3%) |
Hourly BBV | -1 () |
Intraday Trend | -0.7% |
| |
|
|