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Bullish Moving Average Cross by Edison Intl (EIX)

By David Diaz

Edison Intl (NYSE:EIX) shares have crossed bullishly above their 10-day moving average of $53.05 on a volume of 687K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Edison Intl share prices have moved between a 52-week high of $78.93 and a 52-week low of $43.63 and are now trading 22% above that low price at $53.19 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.6% while the 200-day MA has slid 0.3%.

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

Keywords: moving crosses edison intl

Ticker(s): EIX