EDISON INTERNATIONAL (EIX)
US2810201077 - Common Stock
We assign a technical rating of 7 out of 10 to EIX. Although EIX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
EIX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EIX is performing more or less in line with the market.
In the last month EIX has a been trading in the 66.56 - 71.49 range, which is quite wide. It is currently trading near the high of this range.
EIX has an average volume of 1866470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EIX turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
EIX is part of the Electric Utilities industry. There are 45 other stocks in this industry, EIX did better than 59% of them.
Besides having an excellent technical rating, EIX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 71.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 69.70, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
61.32
74.93
5 important support areas can be observed.
- A support zone ranging from 68.80 to 69.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.50 from a trend line in the daily time frame.
- A support zone ranging from 65.18 to 65.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @63.62 from a horizontal line in the weekly time frame.
- Support @61.94 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @71.54 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 72.96 to 74.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.03
Mansfield-0.53
10 Day High71.49
10 Day Low66.56
20 Day High71.49
20 Day Low66.56
52 Week High74.92
52 Week Low58.82
Performance
1 Week4.4%
2 Weeks3.33%
1 Month2.49%
3 Month5.38%
6 Month14.84%
12 Month-3.36%
2 Year3.4%
3 Year19.65%
5 Year11.54%
10 Year25.76%
15 Year149.49%
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)0.2
RSI(14)60.73
LBB66.7
UBB72.19
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 71.55 | 68.79 | 2.76 (3.86%) | 25.00% |
| An entry @71.55. This is a Buy Stop order right above the resistance zone. | An exit @68.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.76 points, which is 3.86%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EDISON INTERNATIONAL
NYSE:EIX (4/25/2024, 7:04:00 PM)
Premarket: 70.9 -0.23 (-0.32%)71.13
+0.31 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.44%
1 Week4.4%
2 Weeks3.33%
1 Month2.49%
3 Month5.38%
6 Month14.84%
12 Month-3.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.35
ATR(20)%1.87%
ATR Inc
Range Today1.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High71.49
10 Day Low66.56
20 Day High71.49
20 Day Low66.56
52 Week High74.92
52 Week Low58.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.16M
Volume Incr31.51%
Vol(5)2.07M
Vol(50)1.87M