| EIX latest price $58.9900 (1.37%) ($58.2600 - $59.5600) on Wed. Apr. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.5% (three month average) |
RSI | 68 |
Latest Price | $58.9900(1.37%) |
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 6.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(63%) XLU(63%) IFRA(60%) SDY(60%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -2.25% in a week (0% probabilities). VIXM(-32%) UUP(-22%) VXX(-8%) TBT(-2%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.25% (StdDev 4.5%) |
Hourly BBV | -0 () |
Intraday Trend | -0.6% |
| |
|
|