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Edison International Bullish Moving Average Crossover Alert (EIX)

By David Diaz

Today, shares of Edison International (NYSE:EIX) have crossed bullishly above their 10-day moving average of $70.32 on a volume of 162K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Edison International share prices have been bracketed by a low of $55.18 and a high of $78.72 and are now at $70.51, 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.4%.

SmarTrend is monitoring the recent change of momentum in Edison International. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Edison International in search of a potential trend change.

Keywords: moving crosses edison international

Ticker(s): EIX