| EIX latest price $56.0900 (0.85%) ($55.3400 - $56.2800) on Wed. Jun. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 47 |
Latest Price | $56.0900(0.85%) |
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 -1.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support EIX advance at 0% a week (0% probability) SPLV(70%) SDY(61%) IFRA(60%) XLU(58%) IVE(55%) |
Factors Impacting EIX price | EIX will decline at least -0.64% in a week (0% probabilities). VIXM(-30%) UUP(-27%) TBT(-11%) VXX(-3%) IGOV(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.64% (StdDev 1.28%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.8% |
| |
|
|