Edison's most recent trend suggests a bullish bias. One trading opportunity on Edison is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 19.05% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Edison is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Edison is bullish.
The RSI indicator is at 33.19 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Edison
Comparing the Implied Volatility of Utilities and Broader Markets
Wed, 03 Jan 2018 12:32:56 +0000
On December 29, 2017, the implied volatility of the Utilities Select Sector SPDR ETF (XLU) was around 12%, which is higher than its 15-day average.
Edison International : EIX-US: Dividend Analysis : December 29th, 2017 (record date) : By the numbers : January 1, 2018
Mon, 01 Jan 2018 15:38:10 +0000
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Edison International with the following peers – Hawaiian Electric Industries, Inc., PNM Resources, Inc., PG&E Corporation, Portland General Electric Company, Pinnacle West Capital Corporation, American Electric Power Company, Inc., FirstEnergy Corp., Xcel Energy Inc., Avista Corporation and Sempra Energy (HE-US, PNM-US, PCG-US, POR-US, PNW-US, AEP-US, … Read more
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A Look at Edison’s Valuation, Price Targets, and More
Thu, 28 Dec 2017 12:30:37 +0000
California-based Edison International (EIX) stock witnessed a sharp fall after the wildfires in Southern California, the company's principal operating territory.
Analysts’ Views on Edison International Changed Recently
Wed, 27 Dec 2017 16:55:10 +0000
Wall Street analysts' consensus gave Edison International (EIX) stock a mean target price of $77.6, which indicates a potential upside of nearly 23%.
How Edison International Stock Is Valued after Its Epic Fall
Wed, 27 Dec 2017 15:25:10 +0000
The recent correction in Edison International (EIX) stock has made it look significantly cheap compared to its peers.
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