EDISON INTERNATIONAL (EIX) Stock Technical Analysis
USA - NYSE:EIX - US2810201077 - Common Stock
54.49 USD
-1.79 (-3.18%)
54.65 USD
+0.16 (+0.29%)
Overall EIX gets a technical rating of 2 out of 10. EIX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, EIX is a bad performer in the overall market: 87% of all stocks are doing better.
EIX is one of the lesser performing stocks in the Electric Utilities industry. 91% of 47 stocks in the same industry do better.
EIX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EIX has a been trading in the 52.95 - 57.36 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EIX has an average volume of 3470980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
EIX has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
47.83
56.92
We found 2 important support areas.
- Support @53.81 from a horizontal line in the daily time frame.
- A support zone ranging from 48.31 to 48.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.69 to 56.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for EIX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EIX is neutral. |
| ChartMill Relative Strength | 13.5 | NEGATIVE | EIX has a low relative strength, it was outperformed by 86.5% 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) | DOWN | NEGATIVE | The current price of EIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.97 | NEUTRAL | The RSI value for EIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EIX has a negative trend. |
| Stochastics (14,3) | 49.57 | NEUTRAL | The Stochastics value for EIX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for EIX suggests some volalility. |
| Average Directional Index/ADX (14) | 9.25 | NEGATIVE | The low ADX value for EIX suggests a weak or negative trend. |
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)
54.49
-1.79 (-3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-3.18%
1 Week0.81%
2 Weeks-1.96%
1 Month-0.33%
3 Month3.69%
6 Month-0.47%
12 Month-36.77%
2 Year-13.59%
3 Year-9.24%
5 Year-2.77%
10 Year-9.96%
15 Year47.67%
Volatility
ATR(14)1.33
ATR(20)%2.7%
ATR Inc59.72%
Range Today2.31
ADR(20)1.41
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.5
Mansfield-2.18
10 Day High56.52
10 Day Low53.49
20 Day High57.36
20 Day Low52.96
52 Week High88.65
52 Week Low47.73
CS1 End53.81
CR1 Start54.69
Volume & EV
DER(3)-1.02%
DER(5)-0.04%
Volume5.76M
Volume Incr1.26%
Vol(5)3.49M
Vol(50)3.47M