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Can Edison International (EIX) Continue to Rise?

Zacks Equity Research

Investors have definitely seen some solid trading in Edison International (EIX) lately, leading to gains for some. However, EIX is now in overbought territory thanks to its latest move, as the firm has an RSI value of 75.8. Additionally, Edison International currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

EDISON INTL (EIX): Free Stock Analysis Report

Zacks Investment Research