| EIX latest price $52.9600 (0.74%) ($52.3800 - $53.5800) on Thu. Sep. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 50 |
Latest Price | $52.9600(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.5% a day on average for past five trading days. |
Weekly Trend | EIX advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(64%) IFRA(62%) SDY(62%) XLU(60%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -1.125% in a week (0% probabilities). VIXM(-30%) UUP(-25%) VXX(-6%) TBT(-6%) EDOC(-2%) |
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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.1% |
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