| EIX latest price $48.3800 (0.77%) ($48.0200 - $48.5200) on Fri. Oct. 18, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1% (three month average) |
RSI | 71 |
Latest Price | $48.3800(0.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.3% a day on average for past five trading days. |
Weekly Trend | EIX advances 1.6% 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(69%) XLP(48%) SPY(46%) JNK(41%) XAR(41%) |
Factors Impacting EIX price | EIX will decline at least -0.5% in a week (0% probabilities). TLT(-2%) IGOV(5%) SHY(7%) TIP(11%) USO(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.5% (StdDev 1%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|