Stock Analysis | Edison International Outlook
Market Snapshot: Bearish Signals Dominate, Despite Positive Fund-Flow Trends
Edison International (EIX) is currently facing a weak technical outlook with three bearish indicators and no bullish signals, but a strong fund-flow score of 7.93 suggests positive momentum from large investors. The stock rose 0.90% recently despite the mixed signals.
News Highlights: Mixed Signals on Global Energy and Policy
Recent news has been a mixed bag for energy stocks. On one hand, Michigan is partnering with big utilities to invest $3.5 billion in local suppliers, promoting clean energy development. On the other hand, changes in U.S. vaccine policy and a proposed levy on gasoline-powered cars in some regions may affect broader energy demand and…
