CONSOLIDATED EDISON INC (ED) Stock Technical Analysis
NYSE:ED - New York Stock Exchange, Inc. - US2091151041 - Common Stock - Currency: USD
Overall ED gets a technical rating of 3 out of 10. ED has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ED has an average volume of 2892030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, ED turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
ED is an average performer in the Multi-Utilities industry, it outperforms 50% of 25 stocks in the same industry.
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.
In the last month ED has a been trading in the 99.87 - 106.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ED has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 104.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.36, a Stop Loss order could be placed below this zone.
More info and screens
86.14
114.43
4 important support areas can be observed.
- A support zone ranging from 101.61 to 103.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @99.27 from a horizontal line in the daily time frame.
- Support @89.68 from a horizontal line in the weekly time frame.
- Support @87.01 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 104.79 to 104.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 112.10 to 113.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ED is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ED is down. |
| ChartMill Relative Strength | 57.84 | NEUTRAL | ED is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ED is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ED is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ED is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.46 | NEUTRAL | The RSI value for ED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ED has a positive trend. |
| Stochastics (14,3) | 49.36 | NEUTRAL | The Stochastics value for ED is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for ED suggests low volalility. |
| Average Directional Index/ADX (14) | 24.21 | NEUTRAL | The ADX value for ED suggests a possible start of a new trend. |
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)
NYSE:ED (6/13/2025, 10:07:09 AM)
104.62
+0.86 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg0.83%
1 Week1.46%
2 Weeks0.37%
1 Month4.52%
3 Month-2.49%
6 Month11.94%
12 Month14.19%
2 Year14.78%
3 Year9.11%
5 Year44.25%
10 Year79.27%
15 Year140.74%
Volatility
ATR(14)1.66
ATR(20)%1.67%
ATR Inc-39.4%
Range Today0.88
ADR(20)1.69
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.84
Mansfield-0.18
10 Day High105.1
10 Day Low100.58
20 Day High106.08
20 Day Low99.87
52 Week High114.87
52 Week Low87.28
CS1 End103.36
CR1 Start104.79
Volume & EV
DER(3)-0.2%
DER(5)-0.46%
Volume386.76K
Volume Incr-30.43%
Vol(5)2.03M
Vol(50)2.89M