Edison International (Germany) Technical Analysis

EIX Stock  EUR 77.80  0.14  0.18%   
As of the 13th of December 2024, Edison International shows the Downside Deviation of 1.14, mean deviation of 0.9672, and Coefficient Of Variation of 2460.18. 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. Please confirm Edison International coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if Edison International is priced favorably, providing market reflects its regular price of 77.8 per share.

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 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

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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   0.08  , which means Edison International will continue generating value for investors. It has 122 observation points and a regression sum of squares at 258.92, 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.

Edison International December 13, 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 December 13, 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.

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.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Money Managers
Screen money managers from public funds and ETFs managed around the world
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Equity Valuation
Check real value of public entities based on technical and fundamental data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
CEOs Directory
Screen CEOs from public companies around the world
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account