NYSE:EIX - New York Stock Exchange, Inc. - US2810201077 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to EIX. EIX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, EIX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 51.35, a Stop Loss order could be placed below this zone.
47.83
We found 2 important support areas.
We can see 2 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for EIX is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EIX is neutral. |
ChartMill Relative Strength | 8.41 | NEGATIVE | EIX has a low relative strength, it was outperformed by 91.59% 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) | DOWN | NEGATIVE | The current price of EIX is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EIX is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.96 | NEUTRAL | The RSI value for EIX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests EIX has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 71.47 | NEUTRAL | The Stochastics value for EIX is a neutral value. |
Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for EIX suggests some volalility. |
Average Directional Index/ADX (14) | 16.77 | NEGATIVE | The low ADX value for EIX suggests a weak or negative trend. |
51.42
-0.88 (-1.68%)