EDISON INTERNATIONAL (EIX) Stock Technical Analysis
USA - NYSE:EIX - US2810201077 - Common Stock
Taking everything into account, EIX scores 3 out of 10 in our technical rating. EIX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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
47.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 52.72 to 53.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.31 to 48.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 57.09 to 58.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EIX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EIX is neutral. |
| ChartMill Relative Strength | 15.26 | NEGATIVE | EIX has a low relative strength, it was outperformed by 84.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EIX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.23 | NEUTRAL | The RSI value for EIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests EIX has a negative trend. |
| Stochastics (14,3) | 60.45 | NEUTRAL | The Stochastics value for EIX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for EIX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.55 | NEGATIVE | The low ADX value for EIX suggests a weak or negative trend. |
55.39
-0.66 (-1.18%)
EDISON INTERNATIONAL / EIX FAQ
Can you provide the ChartMill technical rating for EDISON INTERNATIONAL?
ChartMill assigns a technical rating of 3 / 10 to EIX.
What is the trend direction for EIX stock?
The current trend direction for EDISON INTERNATIONAL (EIX) is Bearish.
Can you provide the RSI signal for EDISON INTERNATIONAL?
EDISON INTERNATIONAL (EIX) has an RSI value of 47.2279. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for EDISON INTERNATIONAL?
EDISON INTERNATIONAL (EIX) has a support level at 53.3 and a resistance level at 57.09. Check the full technical report for our detailed analysis of EIX support and resistance levels.