Edison's most recent trend suggests a bullish bias. One trading opportunity on Edison is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 5.26% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $60.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Edison is bearish and the probability of a decline 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 68.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Edison
What Are Analysts’ Price Targets for PG&E Corporation?
Fri, 04 Mar 2016 05:05:12 GMT
Terra-Gen Finance Company, LLC — Moody's downgrades Terra-Gen Finance to B1; outlook stable
Thu, 03 Mar 2016 20:21:05 GMT
Edison International :EIX-US: Earnings Analysis: Q4, 2015 By the Numbers
Thu, 03 Mar 2016 18:57:15 GMT
Southern California Edison Announces Redemption of Series D Preference Stock
Tue, 01 Mar 2016 23:26:00 GMT
Business Wire – Southern California Edison announced today that it intends to redeem all of the outstanding shares of its Series D Preference Stock. The redemption date will be March 31, 2016, and the redemption price will be $100 per share of Series D preference Stock plus accrued and unpaid dividends up to, but excluding the redemption date.
Why Are Analysts Bullish over Edison International in 2016?
Mon, 29 Feb 2016 17:06:37 GMT
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