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Next Support Level for Edison Intl (EIX) is $69.35

By Amy Schwartz

Shares of Edison Intl (NYSE:EIX) opened today below their pivot of $70.26 and have already reached the first level of support at $69.72. Investors may be interested in a cross of the next downside pivot targets of $69.35 and $68.44.

Edison Intl has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $69.68. The stock should run into initial resistance at its 200-day moving average (MA) of $63.87 and subsequent resistance at its 50-day MA of $67.78.

Over the past year, Edison Intlhas traded in a range of $0.00 to $83.38 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.11% higher and 0.34% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Edison Intl and will alert subscribers who have EIX in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts edison intl

Ticker(s): EIX