Next Support Level for Edison International (EIX) is $45.34
Edison International (NYSE:EIX) has opened bearishly below the pivot of $45.90 today and has reached the first level of support at $45.58. Investors may be interested in a cross of the next downside pivot targets of $45.34 and $44.78.
Over the past year, Edison International has traded in a range of $39.60 to $47.96 and is now at $45.27, 14% above that low. The 200-day and 50-day moving averages have moved 0.15% higher and 0.3% lower over the past week, respectively.
Potential upside of 10.4% exists for Edison International, based on a current level of $45.27 and analysts' average consensus price target of $49.96. Edison International shares should encounter resistance at the 50-day moving average (MA) of $45.46 and support at its 200-day MA of $44.78.
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.
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