Edison International has shown a recent rally, indicating resilience in the market despite broader volatility in the energy sector. With its vast infrastructure and significant customer base across California, it seems poised for consistent demand. However, regulatory challenges and environmental concerns may introduce some risks to its stable growth.
The recent trend for Edison International (EIX) has been a dominant downtrend, reaching a low point recently.
| Detail | Information |
|---|---|
| Trend Start Date | 2024-11-18 |
| Trend End Date | 2025-11-17 |
| High Price | $88.36 on 2024-11-27 |
| Low Price | $52.12 on 2025-07-31 |
| Fibonacci Level | Price Level ($) |
|---|---|
| 0.236 | 62.29 |
| 0.382 | 65.78 |
| 0.5 | 70.24 |
| 0.618 | 74.71 |
| 0.786 | 81.08 |
The current price of $57.76 on 2025-11-17 is not within a specific Fibonacci retracement level, indicating no clear retracement zone is currently being navigated.
In technical terms, it suggests that the price may continue its current trajectory unless it finds support or resistance at these key levels.
Edison International, while facing potential regulatory and environmental challenges, continues to display a level of resilience. The recent downward correction provides a potential entry point for investors who believe in long-term stability. However, the absence of a current retracement signal indicates caution as prices may still fluctuate beyond expected levels.