|
|
Uptrend ExhaustionArchive
- 1/3/2025 -
Sign In to see current Signals. |
Edison Int'l (EIX) Technical Analysis
|
 |
| Summary:
| | | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the Edison Int'l (EIX). During the week, the EIX climbed 0.01 points, or 0.01%, and closed at 79.80 on Friday, January 3, 2025. Weekly volume was -6% below average.
 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 Rising Channel chart pattern. The trend support level is at 63.78 and resistance is at 83.45. 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 long-term trend.
 Medium-term trend: [See EIX medium-term trend chart]
A medium-term uptrend had started on October 6, 2023 at 58.82 and reached 88.77 on September 4, 2024. EIX gained -29.95 points, or -50.92%, in 47 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 74.17 and resistance is at 96.67. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See EIX weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 25, 2024. The distance between MACD and the signal line is relatively high and getting bigger. 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 December 19, 2024 at 77.42 and reached 81.02 on January 2, 2025. EIX gained -3.60 points, or -4.65%, in 14 days. The chart has formed a Rising Channel chart pattern.
Daily Technical Indicators: [See EIX daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
| |
|
|