EDISON INTERNATIONAL (EIX) Technical Analysis
NYSE:EIX • US2810201077
Current stock price
70.3 USD
-0.47 (-0.66%)
At close:
70.3 USD
0 (0%)
After Hours:
EIX Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to EIX. In the last year, EIX was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that EIX is one of the better performing stocks in the market, outperforming 82% of all stocks.
- EIX is part of the Electric Utilities industry. There are 47 other stocks in this industry. EIX outperforms 78% of them.
- 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.
- EIX has an average volume of 3483120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month EIX has a been trading in the 68.77 - 74.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EIX Weekly and Daily overview Charts
EIX Setup Rating and Analysis
EIX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 69.75, a Stop Loss order could be placed below this zone.
More info and screens
EIX Support and Resistance Analysis
55.79
75.99
When analyzing the support we can see 6 important areas.
- A support zone ranging from 69.75 to 69.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @66.42 from a trend line in the daily time frame.
- Support @63.36 from a trend line in the daily time frame.
- Support @59.51 from a horizontal line in the daily time frame.
- A support zone ranging from 57.48 to 57.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.35 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 73.94 to 75.24. 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 | NEUTRAL | NEUTRAL | The short term trend for EIX is neutral. |
| ChartMill Relative Strength | 82.97 | POSITIVE | EIX has a high relative strength, it outperformed 82.97% 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 | 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) | 47.49 | NEUTRAL | The RSI value for EIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests EIX has a negative trend. |
| Stochastics (14,3) | 38.11 | NEUTRAL | The Stochastics value for EIX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for EIX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for EIX suggests a possible start of a new 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 Example Setup
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 |
|---|---|---|---|
| 71.45 | 69.74 | 1.71 (2.39%) | 25.00% |
| An entry @71.45. This is a Buy Stop order right above the 10 day moving average. | An exit @69.74. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.71 points, which is 2.39%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%. |
- The distance between exit and entry is rather small compared to the average daily movement of EIX. Please evaluate whether better entry and exit points can be found.
- 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.
EIX Technicals: Chart, Performance Metrics, Trend & Indicators
70.3
-0.47 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.66%
1 Week0.79%
2 Weeks-1.99%
1 Month-5.94%
3 Month18.13%
6 Month27.79%
12 Month20.83%
2 Year-0.61%
3 Year-0.41%
5 Year19.97%
10 Year-2.21%
15 Year92.13%
Volatility
ATR(14)1.6
ATR(20)%2.54%
ATR Inc-22.35%
Range Today1.5
ADR(20)1.67
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.97
3 months CRS91.14
6 months CRS91.25
Mansfield2.14
10 Day High73.91
10 Day Low68.88
20 Day High74.74
20 Day Low68.77
52 Week High75.5
52 Week Low47.73
CS1 End69.75
CR1 Start73.94
Volume & EV
DER(3)-0.16%
DER(5)-0.54%
Volume3.17M
Volume Incr-35.92%
Vol(5)2.46M
Vol(50)3.48M
EDISON INTERNATIONAL / EIX TA FAQ
Can you provide the ChartMill technical rating for EDISON INTERNATIONAL?
ChartMill assigns a technical rating of 8 / 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 EDISON INTERNATIONAL (EIX) stock?
EDISON INTERNATIONAL (EIX) has an RSI value of 47.4937. This indicates that the stock is currently neutral.
What is the MACD signal for EDISON INTERNATIONAL (EIX) stock?
The MACD indicator for EDISON INTERNATIONAL (EIX) has a value of -0.481127, indicating a bearish trend.
What is the short term momentum for EIX stock?
The short term momentum for EDISON INTERNATIONAL (EIX) is neutral.