NYSE:EIX • US2810201077
We assign a technical rating of 10 out of 10 to EIX. Both in the recent history as in the last year, EIX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although EIX has an excellent technical rating, the quality of the presented setup is not ideal 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.
55.79
When analyzing the support we can see 6 important areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for EIX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EIX is up. |
| ChartMill Relative Strength | 85.84 | POSITIVE | EIX has a high relative strength, it outperformed 85.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.6 | OVERBOUGHT | The high RSI value suggests EIX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests EIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.12 | OVERBOUGHT | The high Stochastics value suggests EIX may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for EIX suggests some volalility. |
| Average Directional Index/ADX (14) | 43.57 | POSITIVE | The high ADX value value for EIX suggests a strong trend. |
74.74
+0.37 (+0.5%)
ChartMill assigns a technical rating of 10 / 10 to EIX.
The current trend direction for EDISON INTERNATIONAL (EIX) is Bullish.
EDISON INTERNATIONAL (EIX) has an RSI value of 75.5984. This indicates that the stock is currently overbought.
The MACD indicator for EDISON INTERNATIONAL (EIX) has a value of 0.484295, indicating a bearish trend.
The short term momentum for EDISON INTERNATIONAL (EIX) is positive.