EDISON INTERNATIONAL - Daily - Technical analysis published on 11/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 66.09 USD and 70.54 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on EDISON INTERNATIONAL. It is difficult to advise a trading direction under these conditions. The first support is located at 66.09 USD. The first resistance is located at 70.54 USD. You could stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EDISON INTERNATIONAL price is 68.51 USD. The price registered a decrease of -1.42% on the session and was between 68.41 USD and 69.24 USD. This implies that the price is at +0.15% from its lowest and at -1.05% from its highest.68.41
69.24
68.51
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of EDISON INTERNATIONAL indicates that the overall trend is slightly bearish. 50% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 59.76 | 62.08 | 66.09 | 68.51 | 70.54 | 73.48 | 76.39 |
Change (%) | -12.77% | -9.39% | -3.53% | - | +2.96% | +7.25% | +11.50% |
Change | -8.75 | -6.43 | -2.42 | - | +2.03 | +4.97 | +7.88 |
Level | Major | Major | Major | - | Major | Major | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 67.95 | 68.63 | 69.06 | 69.74 | 70.17 | 70.85 | 71.28 |
Camarilla | 69.20 | 69.30 | 69.40 | 69.50 | 69.60 | 69.70 | 69.81 |
Woodie | 67.84 | 68.57 | 68.95 | 69.68 | 70.06 | 70.79 | 71.17 |
Fibonacci | 68.63 | 69.05 | 69.31 | 69.74 | 70.16 | 70.42 | 70.85 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 62.52 | 64.13 | 67.12 | 68.73 | 71.72 | 73.33 | 76.32 |
Camarilla | 68.84 | 69.26 | 69.68 | 70.10 | 70.52 | 70.94 | 71.37 |
Woodie | 63.20 | 64.48 | 67.80 | 69.08 | 72.40 | 73.68 | 77.00 |
Fibonacci | 64.13 | 65.89 | 66.98 | 68.73 | 70.49 | 71.58 | 73.33 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 41.45 | 50.88 | 56.89 | 66.32 | 72.33 | 81.76 | 87.77 |
Camarilla | 58.65 | 60.07 | 61.49 | 62.90 | 64.32 | 65.73 | 67.15 |
Woodie | 39.74 | 50.03 | 55.18 | 65.47 | 70.62 | 80.91 | 86.06 |
Fibonacci | 50.88 | 56.78 | 60.42 | 66.32 | 72.22 | 75.86 | 81.76 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 52.49 | |
MACD (12,26,9): | -0.3400 | |
Directional Movement: | -1.45 | |
AROON (14): | 92.86 | |
DEMA (21): | 67.34 | |
Parabolic SAR (0,02-0,02-0,2): | 63.66 | |
Elder Ray (13): | 0.81 | |
Super Trend (3,10): | 64.64 | |
Zig ZAG (10): | 69.00 | |
VORTEX (21): | 0.9400 | |
Stochastique (14,3,5): | 89.84 | |
TEMA (21): | 67.93 | |
Williams %R (14): | -18.74 | |
Chande Momentum Oscillator (20): | 3.30 | |
Repulse (5,40,3): | 0.6600 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.2400 | |
Courbe Coppock: | 7.13 |
MA7: | 68.46 | |
MA20: | 67.03 | |
MA50: | 70.49 | |
MA100: | 70.69 | |
MAexp7: | 68.49 | |
MAexp20: | 68.16 | |
MAexp50: | 69.27 | |
MAexp100: | 68.79 | |
Price / MA7: | +0.07% | |
Price / MA20: | +2.21% | |
Price / MA50: | -2.81% | |
Price / MA100: | -3.08% | |
Price / MAexp7: | +0.03% | |
Price / MAexp20: | +0.51% | |
Price / MAexp50: | -1.10% | |
Price / MAexp100: | -0.41% |
News
The last news published on EDISON INTERNATIONAL at the time of the generation of this analysis was as follows:
- Edison International to Host Earnings Call
- Investor Network: Edison International to Host Earnings Call
- FirstEnergy Names Dan DeVille Director of External Affairs for The Illuminating Company and Toledo Edison Service Areas
- Thomas Edison Keys And Lightbulbs Go Up For Auction
- Ohio Edison Announces "Merry & Bright" Holiday Lights Photo Contest
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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