CONSOLIDATED EDISON INC (ED)

US2091151041 - Common Stock

89.945  +0.36 (+0.41%)

Technical Rating and Analysis

0

Overall ED gets a technical rating of 0 out of 10. ED's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ED is a bad performer in the overall market: 73% of all stocks are doing better.
ED is one of the lesser performing stocks in the Multi-Utilities industry. 79% of 25 stocks in the same industry do better.
ED is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ED is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ED has an average volume of 2309930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ED Weekly chart
ED Daily chart
Setup Rating and Analysis

6

ED has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

84.67

106.02

3 important support areas can be observed.

  • Support @89.68 from a horizontal line in the weekly time frame.
  • A support zone ranging from 87.01 to 87.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @85.53 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 96.23 to 98.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 100.59 to 101.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @104.97 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.44
Mansfield-1.52
10 Day High94.65
10 Day Low88.37
20 Day High102.65
20 Day Low88.37
52 Week High107.75
52 Week Low85.85
Performance
1 Week-1.39%
2 Weeks-5.4%
1 Month-9.94%
3 Month-13.91%
6 Month0.18%
12 Month-1.53%
2 Year-6.01%
3 Year4.99%
5 Year-0.98%
10 Year35.71%
15 Year97.18%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.32
RSI(14)26.89
LBB87.23
UBB96.79
ED Daily chart

CONSOLIDATED EDISON INC

NYSE:ED (12/26/2024, 11:30:54 AM)

89.945

+0.36 (+0.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.41%
1 Week-1.39%
2 Weeks-5.4%
1 Month-9.94%
3 Month-13.91%
6 Month0.18%
12 Month-1.53%
2 Year-6.01%
3 Year4.99%
5 Year-0.98%
10 Year35.71%
15 Year97.18%
Volatility
ATR(14)1.58
ATR(20)%1.85%
ATR Inc-44.49%
Range Today1
ADR(20)1.61
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.44
Mansfield-1.52
10 Day High94.65
10 Day Low88.37
20 Day High102.65
20 Day Low88.37
52 Week High107.75
52 Week Low85.85
CS1 End87.45
CR1 Start89.68
Volume & EV
DER(3)3.53%
DER(5)0.51%
Volume204.01K
Volume Incr12.66%
Vol(5)2.55M
Vol(50)2.31M