EDISON INTERNATIONAL (EIX) Technical Analysis
NYSE:EIX • US2810201077
Current stock price
69.73 USD
-0.85 (-1.2%)
At close:
69.73 USD
0 (0%)
After Hours:
EIX Technical Rating and Analysis
Overall EIX gets a technical rating of 5 out of 10. In the last year, EIX was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month EIX has a been trading in the 69.55 - 76.22 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that EIX is one of the better performing stocks in the market, outperforming 72% of all stocks.
- EIX is one of the better performing stocks in the Electric Utilities industry, it outperforms 76% of 47 stocks in the same industry.
- EIX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EIX is lagging the market slightly.
- EIX has an average volume of 3407130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
EIX Weekly and Daily overview Charts
EIX Setup Rating and Analysis
EIX has an average technical rating and also the quality of the setup is only medium 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
EIX Support and Resistance Analysis
55.79
76.58
5 important support areas can be observed.
- A support zone ranging from 69.72 to 69.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.09 from a trend line in the daily time frame.
- Support @64.93 from a trend line in the daily time frame.
- Support @58.38 from a trend line in the weekly time frame.
- Support @56.35 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 71.94 to 72.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 75.24 to 75.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
EIX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for EIX is down. |
| ChartMill Relative Strength | 72.9 | POSITIVE | EIX has a high relative strength, it outperformed 72.9% 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) | UP | MIXED | The current price of EIX is below 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) | 40.07 | NEUTRAL | The RSI value for EIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests EIX has a negative trend. |
| Stochastics (14,3) | 8.88 | OVERSOLD | The low Stochastics value suggests EIX may be oversold. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for EIX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.79 | NEGATIVE | The low ADX value for EIX suggests a weak or negative trend. |
EIX Chart- and CandleStick Pattern Analysis
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)
EIX Technicals: Chart, Performance Metrics, Trend & Indicators
69.73
-0.85 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.2%
1 Week-3.65%
2 Weeks-3.97%
1 Month-1.33%
3 Month14.74%
6 Month20.62%
12 Month20.31%
2 Year-1.87%
3 Year-5.26%
5 Year17.29%
10 Year-1.39%
15 Year77.57%
Volatility
ATR(14)1.68
ATR(20)%2.37%
ATR Inc-7.4%
Range Today1.66
ADR(20)1.57
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.9
3 months CRS89.12
6 months CRS85.4
Mansfield0.86
10 Day High76.22
10 Day Low69.55
20 Day High76.22
20 Day Low69.55
52 Week High76.22
52 Week Low47.73
CS1 End69.72
CR1 Start71.94
Volume & EV
DER(3)-1.4%
DER(5)-1.03%
Volume2.63M
Volume Incr-25.75%
Vol(5)2.40M
Vol(50)3.41M
EDISON INTERNATIONAL / EIX TA FAQ
Can you provide the ChartMill technical rating for EDISON INTERNATIONAL?
ChartMill assigns a technical rating of 5 / 10 to EIX.
Can you provide the trend direction for EDISON INTERNATIONAL?
The current trend direction for EDISON INTERNATIONAL (EIX) is Bullish.
What is the RSI signal for EIX stock?
EDISON INTERNATIONAL (EIX) has an RSI value of 40.072. This indicates that the stock is currently neutral.
What is the MACD signal for EIX stock?
The MACD indicator for EDISON INTERNATIONAL (EIX) has a value of -0.514864, indicating a bearish trend.
What is the buy/sell signal for EIX stock?
The buy/sell signal for EDISON INTERNATIONAL (EIX) is hold as the short term and long term trends are mixed.