| EIX latest price $57.5700 (6.55%) ($53.7700 - $58.3200) on Wed. Apr. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.38% (three month average) |
RSI | 63 |
Latest Price | $57.5700(6.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 2.4% a day on average for past five trading days. |
Weekly Trend | EIX advances 3.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(66%) XLU(66%) IFRA(63%) SDY(63%) IVE(60%) |
Factors Impacting EIX price | EIX will decline at least -2.19% in a week (0% probabilities). VIXM(-34%) UUP(-22%) VXX(-8%) TBT(-0%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.19% (StdDev 4.38%) |
Hourly BBV | 2.1 () |
Intraday Trend | 6.1% |
| |
|
|