Edison International: fresh sell signal
Edison International stock drops 6.5% and opens a fresh Sell signal
Edison International: fresh sell signal
Our view last week
Edison International stock closed the week down 8%, its sharpest drop in months: sellers dominated the tape and money flow turned negative. Edison International shares still sit above the 50-week average, with a sequence of higher lows on the daily chart running from the 74 area toward 78. Price closed below the first stop level (SL1) and the breakeven stop flagged in last week's card (74.43 area, 75.67 area): for anyone following those levels the trade is closed.
This week's summary
Edison International shares slide another 6.5% this week, after last week's 8% drop already closed the earlier buy trade below its stop. Sellers stay slightly dominant in the latest weekly candle, and the daily money flow sits in distribution. The stock, still above its 200-week average, now enters a fresh Sell signal: second by strength among the 122 US sell signals, in a bearish intermediate weekly picture.
IQS Phase
70
in tension
Signal Strength
100
downtrend making lower lows, pace holding
Sizing
STANDARD
Ranking
#2 / 122
New us stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Rank position
ranks 2nd among the 122 sell signals for US stocks in our ranking, with a signal strength of 100 out of 100.
Sector context
SectorUtilities
Benchmark ETFXLU
Sector regimeweak phase
Performanceweekly -1.67% · monthly -3.86%
EIX belongs to the utilities sector (reference ETF XLU). The sector is classified weak phase according to our weekly reading.
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