| EIX latest price $62.6200 (2.98%) ($61.1000 - $63.0650) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 43 |
Latest Price | $62.6200(2.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.1% a day on average for past five trading days. |
Weekly Trend | EIX declines -0.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(68%) IFRA(59%) SDY(59%) XLU(59%) IVE(55%) |
Factors Impacting EIX price | EIX will decline at least -0.835% in a week (0% probabilities). VIXM(-31%) UUP(-25%) TBT(-9%) IGOV(-7%) VXX(-5%) |
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 | -0.835% (StdDev 1.67%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.3% |
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