Edison International EIX Investment Advice

Source: Stock Traders Daily

Longer Term Trading Plans for EIX
  • Buy EIX over 60.67 target 64.55 stop loss @ 60.49 Details
  • The technical summary data tells us to buy EIX near 60.67 with an upside target of 64.55. This data also tells us to set a stop loss @ 60.49 to protect against excessive loss in case the stock begins to move against the trade. 60.67 is the first level of support below 63.75 , and by rule, any test of support is a buy signal. In this case, support 60.67 is being tested, a buy signal would exist.

  • Short EIX under 64.55, target 60.67, stop loss @ 64.74 Details
  • The technical summary data is suggesting a short of EIX as it gets near 64.55 with a downside target of 60.67. We should have a stop loss in place at 64.74though. 64.55 is the first level of resistance above 63.75, and by rule, any test of resistance is a short signal. In this case, if resistance 64.55 is being tested, a short signal would exist.

Swing Trading Plans for EIX
  • Buy EIX over 64.55, target n/a, Stop Loss @ 64.36 Details
  • If 64.55 begins to break higher, the technical summary data tells us to buy EIX just over 64.55, with an upside target of n/a. The data also tells us to set a stop loss @ 64.36 in case the stock turns against the trade. 64.55 is the first level of resistance above 63.75, and by rule, any break above resistance is a buy signal. In this case, 64.55, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short EIX near 64.55, target 63.07, Stop Loss @ 64.74. Details
  • The technical summary data is suggesting a short of EIX if it tests 64.55 with a downside target of 63.07. We should have a stop loss in place at 64.74 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 64.55, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for EIX
  • Buy EIX over 64.05, target 64.55, Stop Loss @ 63.9 Details
  • If 64.05 begins to break higher, the technical summary data tells us to buy EIX just over 64.05, with an upside target of 64.55. The data also tells us to set a stop loss @ 63.9 in case the stock turns against the trade. 64.05 is the first level of resistance above 63.75, and by rule, any break above resistance is a buy signal. In this case, 64.05, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short EIX near 64.05, target 63.07, Stop Loss @ 64.2. Details
  • The technical summary data is suggesting a short of EIX if it tests 64.05 with a downside target of 63.07. We should have a stop loss in place at 64.2 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 64.05, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

EIX Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Weak Neutral Neutral
P1 0 0 56.70
P2 64.05 63.07 60.67
P3 64.83 64.54 64.55

EIX Long Term Analysis for January 14 2022


EIX Swing Trading Analysis for January 14 2022


EIX Day Trading Analysis for January 14 2022

The support and resistance levels for Edison International (NYSE: EIX) define prudent trading and investing plans, which are revealed herein.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for EIX change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if EIX is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for EIX too.  All of these are offered below the Summary Table.

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