EIX Should I Buy

Buy now for a long-term, beginner-friendly position. The chart is in an uptrend (bullish moving averages and improving MACD), options positioning is notably bullish (low put/call ratios), hedge-fund buying is strong, and the latest reported quarter (2025/Q3) showed solid growth in revenue and especially earnings. While some Wall Street firms remain cautious due to wildfire/liability overhang and a couple of recent downgrades, the current ~$62 area is still above key support/pivot and offers a reasonable long-term entry for an investor who doesn’t want to wait for a perfect pullback.

Trend/price action: Bullish. EIX is trading around 62.25 post-market, holding above the pivot support (~61.38), indicating buyers are defending the uptrend. Momentum: MACD histogram is positive (0.0828) and expanding, supporting continued upside momentum. RSI(6) ~62.9 is neutral-to-slightly-strong (not overbought). Moving averages: Bullish stack (SMA_5 > SMA_20 > SMA_200) confirms an established uptrend. Key levels: Support S1 ~59.99 (then S2 ~59.13). Near-term resistance R1 ~62.77 and R2 ~63.63; the stock is close to R1, so a brief pause is possible, but the primary trend remains constructive. Pattern-based odds: The provided pattern study suggests mild near-term weakness (-3.32% next week, -3.07% next month), which is a headwind, but it conflicts with the current bullish technical structure—so it’s more of a “choppy” risk than a trend-break signal. Intellectia Proprietary Trading Signals - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock today.