EIX Stock Forecast & Edison International Chart Analysis
This article provides a detailed analysis of EIX-Edison International stock including a forecast for EIX shares. It features Edison International technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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EIX Historical Data Review
EIX Current Price Performance Analysis
The Edison International - EIX stock traded on the American stock market, on 06-05-2024, closed at 75.43$ with a %-1.42 decreased compared to the previous day.
In the last month, the price of EIX changed by %3.30 increased in value, from 73.02 dollars on 05-06-2024 to 75.43 dollars, increased.
Last year, the price of EIX was 66.71 dollars on 06-06-2023, and changed by %13.07 increased in value, to 75.43 dollars increased within a year.
The price of Edison International stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
EIX with AI Stock Forecast & Price Target
On the EIX chart Edison International price was recorded as 75.43 Dollars on 06/05/2024.
The artificial intelligence's forecast on EIX stock is as follows.
The artificial intelligence's prediction error margin for EIX stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Edison International stock over the next 4 months is: 72.1 Dollars.
The commentary on EIX stock Target Price: Highest: 76.015 Dollars is predicted.
The commentary on EIX stock Target Price: Lowest: 67.348 Dollars is predicted.
Resistance Price where Edison International stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-20-2024 | 74.630 |
10-08-2024 | 76.015 |
12-02-2024 | 73.284 |
02-20-2025 | 74.241 |
Support Price where Edison International stock will Fall and Rise:
Date | Price Prediction |
---|---|
07-30-2024 | 67.348 |
11-27-2024 | 73.181 |
01-06-2025 | 69.884 |
03-27-2025 | 71.161 |
The commentary on EIX stock: Fluctuations in the target price can be expected in the coming days.
The target price for Edison International stock by the end of 2024 is predicted to be 70.671 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on EIX stock, and the 2024 target price predictions for Edison International are detailed above.
The technical analysis and charts for the commentary on EIX stock are below.
EIX Support & Resistance and Trend Analysis
EIX stock you have reviewed the technical analysis support resistance charts regarding.
EIX : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the EIX review, the Edison International support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Edison International Support and Resistance Prices:
EIX Support Level Price | EIX Resistance Level Price |
---|---|
62.21 | 66.41 |
63.15 | 67.78 |
63.63 | 68.38 |
64.65 | 69.48 |
66.02 | 70.30 |
66.26 | 71.09 |
66.56 | 71.33 |
67.18 | 72.00 |
67.94 | 73.25 |
73.14 | 77.02 |
EIX Technical Analysis: SMA, RSI, MACD
Upon reviewing the EIX chart, buy and sell signals have been generated in the Edison International technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for EIX stock are as follows:- The technical analysis for Edison International indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Edison International stock: Click here to read more predictions on Sartorius Stedim Biotech stock.
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