| EIX latest price $57.4300 (-1.68%) ($57.3900 - $59.4200) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 54 |
Latest Price | $57.4300(-1.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.3% a day on average for past five trading days. |
Weekly Trend | EIX declines -1.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -0.81% 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 | -0.81% (StdDev 1.62%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.9% |
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