CONSOLIDATED EDISON INC (ED)
US2091151041 - Common Stock
Overall ED gets a technical rating of 6 out of 10. ED has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
61% of all other stocks performed better in the past year than ED.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ED is one of the better performing stocks in the Multi-Utilities industry, it outperforms 72% of 26 stocks in the same industry.
In the last month ED has a been trading in the 87.40 - 94.38 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
ED has an average volume of 1867750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ED is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ED is lagging the market slightly.
ED has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
84.67
101.86
When analyzing the support we notice one important area.
- A support zone ranging from 85.53 to 91.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @94.01 from a horizontal line in the daily time frame.
- Resistance @97.50 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 99.52 to 100.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.25
Mansfield-0.78
10 Day High94.38
10 Day Low87.4
20 Day High94.38
20 Day Low87.4
52 Week High100.44
52 Week Low80.46
Performance
1 Week1.26%
2 Weeks4.85%
1 Month2.33%
3 Month3.23%
6 Month6.24%
12 Month-5.63%
2 Year0.2%
3 Year20.05%
5 Year7.86%
10 Year60.14%
15 Year150.28%
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)0.4
RSI(14)59.98
LBB86.84
UBB95.01
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 94.02 | 87.39 | 6.63 (7.05%) | 14.18% |
| An entry @94.02. This is a Buy Stop order right above the resistance zone. | An exit @87.39. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.63 points, which is 7.05%. | For a 1.00% total portfolio risk, you can invest 14.18% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CONSOLIDATED EDISON INC
NYSE:ED (4/26/2024, 7:04:00 PM)
After market: 92.93 0 (0%)92.93
-1.18 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-1.25%
1 Week1.26%
2 Weeks4.85%
1 Month2.33%
3 Month3.23%
6 Month6.24%
12 Month-5.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.73
ATR(20)%1.72%
ATR Inc
Range Today1.45
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High94.38
10 Day Low87.4
20 Day High94.38
20 Day Low87.4
52 Week High100.44
52 Week Low80.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.42M
Volume Incr-9.49%
Vol(5)1.85M
Vol(50)1.87M