EDISON INTERNATIONAL (EIX) Stock Technical Analysis
NYSE:EIX - New York Stock Exchange, Inc. - US2810201077 - Common Stock - Currency: USD
Taking everything into account, EIX scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. EIX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, EIX is a bad performer in the overall market: 66% of all stocks are doing better.
EIX is part of the Electric Utilities industry. There are 46 other stocks in this industry, of which 91% are performing better than EIX.
EIX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EIX is lagging the market.
In the last month EIX has a been trading in the 52.82 - 58.96 range, which is quite wide. It is currently trading near the high of this range.
EIX has an average volume of 3438010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
The technical rating of EIX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
49.55
60.53
When analyzing the support we can see 5 important areas.
- A support zone ranging from 56.69 to 56.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @54.47 from a trend line in the daily time frame.
- Support @52.50 from a horizontal line in the daily time frame.
- Support @51.34 from a horizontal line in the daily time frame.
- A support zone ranging from 50.05 to 50.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 58.64 to 58.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @59.93 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.43
Mansfield-2.2
10 Day High58.63
10 Day Low54.64
20 Day High58.96
20 Day Low52.82
52 Week High88.77
52 Week Low49.06
Performance
1 Week3.79%
2 Weeks6.35%
1 Month0.85%
3 Month11.77%
6 Month-32.57%
12 Month-21.8%
2 Year-13.64%
3 Year-16.59%
5 Year0.34%
10 Year-4.11%
15 Year80.19%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.3
RSI(14)57.7
LBB53.76
UBB58.94
58.31
+0.31 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.53%
1 Week3.79%
2 Weeks6.35%
1 Month0.85%
3 Month11.77%
6 Month-32.57%
12 Month-21.8%
2 Year-13.64%
3 Year-16.59%
5 Year0.34%
10 Year-4.11%
15 Year80.19%
Volatility
ATR(14)1.19
ATR(20)%2.38%
ATR Inc-59.41%
Range Today0.5
ADR(20)1.34
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.43
Mansfield-2.2
10 Day High58.63
10 Day Low54.64
20 Day High58.96
20 Day Low52.82
52 Week High88.77
52 Week Low49.06
CS1 End56.97
CR1 Start58.64
Volume & EV
DER(3)3.59%
DER(5)1.95%
Volume1.70M
Volume Incr-31.34%
Vol(5)2.07M
Vol(50)3.44M