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Electric Utilities Industry Stocks Technical Analysis - EIXArchive - 6/6/2025 - Sign In to see current Signals. |
Edison Int'l (EIX) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Edison Int'l (EIX). During the week, the EIX dropped -1.89 points, or -3.40%, and closed at 53.76 on Friday, June 6, 2025. Weekly volume was 12% above 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 Broadening Ascending Wedge chart pattern. The uptrend support line (65.76) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EIX may retest the broken support line. It is considered to be a resistance 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 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 60.49 on April 3, 2025. EIX gained -11.43 points, or -23.30%, in 7 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (54.08) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. EIX may retest the broken support line. It is considered to be a resistance 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 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. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 53.36 on June 6, 2025. EIX lost 5.27 points, or 8.99%, in 21 days. The chart has formed a Falling Wedge chart pattern.
Daily Technical Indicators: [See EIX daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and 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 links to access Lane's Stochastic and Williams' Percentage Range 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, but getting bigger. It indicates that the current short-term downtrend is getting stronger. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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