Edison International Stock Technical Analysis

EIX Stock  USD 70.82  0.03  0.04%   
As of the 25th of April, Edison International shows the Downside Deviation of 1.36, coefficient of variation of 1602.96, and Mean Deviation of 1.0. Edison International technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Edison International, which can be compared to its peers. Please confirm Edison International information ratio, as well as the relationship between the potential upside and kurtosis to decide if Edison International is priced favorably, providing market reflects its regular price of 70.82 per share. Given that Edison International has jensen alpha of (0.02), we urge you to verify Edison International's prevailing market performance to make sure the company can sustain itself at a future point.

Edison International Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Edison, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Edison
  
Edison International's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Edison International Analyst Consensus

Target PriceAdvice# of Analysts
73.44Buy18Odds
Edison International current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Edison analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Edison stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Edison International, talking to its executives and customers, or listening to Edison conference calls.
Edison Analyst Advice Details
Edison International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Edison International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Edison International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Edison International Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Edison International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Edison International Trend Analysis

Use this graph to draw trend lines for Edison International. You can use it to identify possible trend reversals for Edison International as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Edison International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Edison International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Edison International applied against its price change over selected period. The best fit line has a slop of   0.09  , which may imply that Edison International will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 302.7, which is the sum of squared deviations for the predicted Edison International price change compared to its average price change.

About Edison International Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Edison International on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Edison International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Edison International price pattern first instead of the macroeconomic environment surrounding Edison International. By analyzing Edison International's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Edison International's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Edison International specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03940.04740.04460.0408
Price To Sales Ratio1.741.411.680.96

Edison International April 25, 2024 Technical Indicators

Most technical analysis of Edison help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Edison from various momentum indicators to cycle indicators. When you analyze Edison charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Edison International April 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Edison stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Edison International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edison International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edison International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edison International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Edison Stock analysis

When running Edison International's price analysis, check to measure Edison International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Edison International is operating at the current time. Most of Edison International's value examination focuses on studying past and present price action to predict the probability of Edison International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison International's price. Additionally, you may evaluate how the addition of Edison International to your portfolios can decrease your overall portfolio volatility.
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Is Edison International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edison International. If investors know Edison will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edison International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
2.993
Earnings Share
3.11
Revenue Per Share
42.658
Quarterly Revenue Growth
(0.08)
The market value of Edison International is measured differently than its book value, which is the value of Edison that is recorded on the company's balance sheet. Investors also form their own opinion of Edison International's value that differs from its market value or its book value, called intrinsic value, which is Edison International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edison International's market value can be influenced by many factors that don't directly affect Edison International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edison International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edison International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edison International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.