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Downtrend Broken Resist.Archive
- 10/30/2026 -
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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 5 consecutive negative weeks for the Edison Int'l (EIX). During the week, the EIX gained 1.44 points, or 2.51%, and closed at 58.79 on Friday, October 30, 2026. It was the best weekly gain since August 14, 2026. Weekly volume was -19% below 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 June 17, 2025 at 47.73 and reached 81.62 on July 28, 2026. EIX gained -33.89 points, or -71.00%, in 58 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (73.31) 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 July 28, 2026 at 81.62 and reached 51.10 on September 29, 2026. EIX lost 30.52 points, or 37.39%, in 9 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (43.22) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. EIX may retest the broken resistance line. It is considered to be a support line now. 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See EIX weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 July 31, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See EIX short-term trend chart]
A short-term uptrend had started on September 29, 2026 at 51.10 and reached 60.46 on October 30, 2026. EIX gained -9.36 points, or -18.32%, in 31 days. The price is now at the 17.84% retracement level.
 Daily Technical Indicators: [See EIX daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since September 21, 2026. This is an indication that the short-term trend is up.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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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