| EIX latest price $60.8800 (3.08%) ($59.2600 - $61.8700) on Fri. Jun. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 71 |
Latest Price | $60.8800(3.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.9% a day on average for past five trading days. |
Weekly Trend | EIX advances 3.1% 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(63%) XLU(62%) SDY(61%) IFRA(60%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -2.3% in a week (0% probabilities). VIXM(-31%) UUP(-22%) VXX(-7%) IGOV(-4%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.3% (StdDev 4.6%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2% |
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