EDISON INTERNATIONAL (EIX) Stock Technical Analysis
USA - NYSE:EIX - US2810201077 - Common Stock
Taking everything into account, EIX scores 4 out of 10 in our technical rating. EIX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
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
52.47
2 important support areas can be observed.
- A support zone ranging from 54.82 to 56.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.00 to 53.30. 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 57.82 to 58.96. This zone is formed by a combination of multiple trend lines 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 | 19.32 | NEGATIVE | EIX has a low relative strength, it was outperformed by 80.68% 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) | UP | POSITIVE | The current price of EIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EIX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.62 | NEUTRAL | The RSI value for EIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests EIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.08 | NEUTRAL | The Stochastics value for EIX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for EIX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.19 | NEGATIVE | The low ADX value for EIX suggests a weak or negative trend. |
56.56
-0.22 (-0.39%)
EDISON INTERNATIONAL / EIX FAQ
Can you provide the ChartMill technical rating for EDISON INTERNATIONAL?
ChartMill assigns a technical rating of 4 / 10 to EIX.
What is the trend direction for EIX stock?
The current trend direction for EDISON INTERNATIONAL (EIX) is Bearish.
Can you provide the RSI signal for EDISON INTERNATIONAL?
EDISON INTERNATIONAL (EIX) has an RSI value of 53.6153. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for EDISON INTERNATIONAL?
EDISON INTERNATIONAL (EIX) has a support level at 56.2 and a resistance level at 57.82. Check the full technical report for our detailed analysis of EIX support and resistance levels.