| EIX latest price $63.2000 (1.1%) ($62.2500 - $63.5900) on Wed. Jan. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 59 |
Latest Price | $63.2000(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EIX advances 0.2% a day on average for past five trading days. |
Weekly Trend | EIX advances 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(68%) IFRA(59%) SDY(59%) XLU(59%) IVE(55%) |
Factors Impacting EIX price | EIX will decline at least -0.83% in a week (0% probabilities). VIXM(-31%) UUP(-26%) 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 | -0.83% (StdDev 1.66%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.2% |
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