| EIX latest price $58.4100 (1.49%) ($58.0900 - $59.2500) on Tue. Nov. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 60 |
Latest Price | $58.4100(1.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.2% a day on average for past five trading days. |
Weekly Trend | EIX declines -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(66%) IFRA(61%) SDY(61%) XLU(60%) IVE(57%) |
Factors Impacting EIX price | EIX will decline at least -0.805% in a week (0% probabilities). VIXM(-31%) UUP(-25%) TBT(-7%) VXX(-6%) EDOC(-4%) |
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 | -0.805% (StdDev 1.61%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.5% |
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