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Electric Utilities Industry Stocks Technical Analysis - EIXArchive
- 6/20/2025 -
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Edison Int'l (EIX) Technical Analysis
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| Summary:
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| | It was a first positive week after 4 consecutive negative weeks for the Edison Int'l (EIX). During the week, the EIX gained 1.33 points, or 2.75%, and closed at 49.65 on Friday, June 20, 2025. Weekly volume was 60% above average.
EIX is a member of Utilities Sector. Utilities is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See EIX long-term trend chart]
A long-term uptrend had started on March 16, 2020 at 43.63 and reached 88.77 on September 4, 2024. EIX gained -45.14 points, or -103.46%, in 233 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (65.91) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See EIX medium-term trend chart]
A medium-term downtrend had started on April 3, 2025 at 60.49 and reached 47.73 on June 17, 2025. EIX lost 12.76 points, or 21.09%, in 10 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (57.37) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See EIX weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since April 17, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See EIX short-term trend chart]
A short-term downtrend had started on May 16, 2025 at 58.63 and reached 47.73 on June 17, 2025. EIX lost 10.90 points, or 18.59%, in 32 days. The price is now at the 17.61% retracement level.
Daily Technical Indicators: [See EIX daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since May 27, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
 Candlestick pattern: [See EIX candlestick chart pattern]
On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.
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