| EIX latest price $51.0100 (0.1%) ($50.8300 - $51.8800) on Tue. Jan. 29, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 35 |
Latest Price | $51.0100(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.5% a day on average for past five trading days. |
Weekly Trend | EIX declines -3.7% 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) XLU(75%) SPY(57%) XLP(55%) EEM(49%) IWM(49%) |
Factors Impacting EIX price | EIX will decline at least -0.69% in a week (0% probabilities). TLT(-14%) SHY(-7%) TIP(1%) GLD(9%) LQD(19%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.69% (StdDev 1.38%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
| |
|
|