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Archive
- 3/21/2025 -
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Edison Int'l (EIX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a fifth positive week after 6 consecutive negative weeks for the Edison Int'l (EIX). During the week, the EIX gained 1.17 points, or 2.05%, and closed at 58.17 on Friday, March 21, 2025. Weekly volume was 101% above average.
EIX is a member of Utilities Sector. Utilities is the most overbought 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 (64.87) 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 uptrend had started on February 10, 2025 at 49.06 and reached 59.84 on March 17, 2025. EIX gained -10.78 points, or -21.97%, in 5 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 57.77 and resistance is at 61.23. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See EIX weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. 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 weekly MACD line is below its signal line since October 25, 2024. 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 March 17, 2025 at 59.84 and reached 57.84 on March 19, 2025. EIX lost 2.00 points, or 3.34%, in 2 days. The price is now at the 16.50% retracement level.
 Daily Technical Indicators: [See EIX daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since February 7, 2025. The distance between MACD and the signal line is low and getting smaller.
A Parabolic SAR (stop and reversal) indicator (58.06) comes close to the price (58.17). It indicates that the trend is getting weaker. 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.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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