Edison International (EIX): Price Now Near $57.52; Daily Chart Shows Downtrend on 50 Day Basis
The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment -- meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The post Edison International (EIX): Price Now Near $57.52; Daily Chart Shows Downtrend on 50 Day Basis appeared first on ETF Daily News .
Edison International (EIX): Price Now Near $57.52; Daily Chart Shows Downtrend on 50 Day Basis
The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment -- meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend. The post Edison International (EIX): Price Now Near $57.52; Daily Chart Shows Downtrend on 50 Day Basis appeared first on ETF Daily News .