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Edison International: weak signal at week 5, sideways action without confirmation

The sell signal on Edison International has been active for 5 weeks without confirmation: price action stayed sideways and signal strength dropped to 2 out of 100. Our model flags trading as not recommended.

In Summary
Edison International carries a sell signal active for 5 weeks, yet the market has never confirmed the direction: three observation weeks closed sideways, signal strength down to 2 out of 100. Our model flags trading as not recommended, with a daily double bottom in the 65-66 area adding uncertainty to the bearish reading.
Sell signal in observation ·4th week from start ·US stocks ·T2
IQS Phase
50
ordinary
Signal Strength
2
low · fading
Sizing
MINIMUM
Ranking
#68 / 80
US stocks sell signals
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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