| EIX latest price $59.8900 (1.42%) ($58.5900 - $60.0800) on Thu. Oct. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 94 |
Latest Price | $59.8900(1.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 1% a day on average for past five trading days. |
Weekly Trend | EIX advances 4.7% a week on average for past two weeks. |
Market Behavior | Value stock 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%) IFRA(61%) SDY(61%) XLU(60%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -0.88% in a week (0% probabilities). VIXM(-31%) UUP(-25%) TBT(-7%) VXX(-6%) EDOC(-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 | -0.88% (StdDev 1.76%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.5% |
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