Edison Int'l (EIX) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for EIX · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$70.69last close · Aug 4, 202652-week range $52.00 – $81.62 · 13.39% below the high
Rising Wedge · playing out now

EIX is breaking out above a rising wedge — these usually break lower, so a push higher instead is a notably bullish turn.

On this chart, setups like it have followed through about 38% of the time.

As long as price stays above $70.54, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $83.77 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

EIX Rising Wedge Pattern

EIX is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$83.77Projected move+8.0%Breakout level$78.45

New to this pattern? What a rising wedge is and how to trade it →

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
EIX win rate
33.3%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

EIX Pattern Trade History

Every completed pattern trade our nightly backtest found on EIX's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJun 15, 2026 @ $71.86Jun 24, 2026 @ $74.22Loss-1.20R
Bullish PennantMar 31, 2026 @ $73.25Apr 21, 2026 @ $69.73Loss-1.07R
Rising WedgeFeb 4, 2026 @ $63.43Mar 4, 2026 @ $73.89Win+3.59R
Rising WedgeJan 27, 2026 @ $62.24Mar 4, 2026 @ $73.89Win+4.33R
TriangleDec 1, 2025 @ $58.14Dec 18, 2025 @ $60.17Loss-1.22R
TriangleOct 15, 2025 @ $56.50Dec 26, 2025 @ $59.51Win+0.67R
TriangleOct 6, 2025 @ $54.38Oct 15, 2025 @ $56.74Loss-1.11R
TriangleSep 25, 2025 @ $54.61Oct 20, 2025 @ $57.65Loss-1.11R
Rising WedgeSep 4, 2025 @ $55.04Oct 20, 2025 @ $57.65Loss-1.01R
Rising WedgeAug 21, 2025 @ $55.42Oct 20, 2025 @ $57.65Loss-1.21R
TriangleJun 2, 2025 @ $55.17Jun 13, 2025 @ $48.08Win+2.05R
Rising WedgeDec 4, 2024 @ $84.60Dec 18, 2024 @ $78.53Win+1.50R

EIX Support and Resistance Levels

Price is being turned away at a ceiling near $73.72 and starting to slide. On the weekly chart, the next floor below sits near $47.73 — about 32% away.

  • Traders commonly watch $47.73 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $73.72 ceiling just now, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $47.73, resistance near $74.07. These are chart/swing-derived levels, not formula pivots.

Resistance
$74.07$79.31
Support
$47.73

EIX Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$71.08$72.50$70.59$70.69
Aug 3, 2026$73.78$73.98$71.13$71.46
Jul 31, 2026$75.94$76.83$73.15$73.37
Jul 30, 2026$78.50$80.13$77.10$78.73
Jul 29, 2026$80.28$80.29$78.35$78.63
Jul 28, 2026$79.12$81.62$78.77$79.79
Jul 27, 2026$79.23$79.78$78.24$78.64
Jul 24, 2026$79.96$80.76$79.36$79.75
Jul 23, 2026$79.60$80.73$78.84$79.64
Jul 22, 2026$79.01$80.90$78.60$80.38

EIX Frequently Asked Questions

What chart pattern is EIX forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Edison Int'l (EIX) on the daily chart, with a measured-move target of $83.77.
Is a rising wedge bullish or bearish?
The rising wedge detected on EIX is a bullish pattern, projecting a measured-move target of $83.77. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for EIX?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), EIX's nearest support is around $47.73 and nearest resistance around $74.07.
What is the price target if EIX's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $83.77 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was EIX's closing price on Aug 4, 2026?
Edison Int'l (EIX) last closed at $70.69 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.