|
|
Electric Utilities Industry Stocks Technical Analysis - EIXArchive - 10/16/2026 - 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 third positive week after 5 consecutive negative weeks for the Edison Int'l (EIX). During the week, the EIX gained 0.63 points, or 1.14%, and closed at 55.93 on Friday, October 16, 2026. Weekly volume was 89% 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 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 (72.57) 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 trend support level is at 46.94 and resistance is at 60.54. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See EIX weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly 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 weekly MACD line is below its signal line since July 31, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 56.70 on October 16, 2026. EIX gained -5.60 points, or -10.96%, in 17 days. The price is now at the 13.75% retracement level.
Daily Technical Indicators: [See EIX daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought while Relative Strength Index is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic or strongly overbought daily Relative Strength Index. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Use the following link to access Relative Strength Index 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 moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Candlestick pattern: [See EIX candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
| |
|
|