|
|
Electric Utilities Industry Stocks Technical Analysis - EDArchive
- 4/24/2026 -
Sign In to see current Signals. |
Consolidated Edison (ED) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Consolidated Edison (ED). During the week, the ED gave back -1.09 points, or -0.99%, and closed at 109.06 on Friday, April 24, 2026. Weekly volume was -36% below average.
ED is a member of Utilities Sector. Utilities is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See ED long-term trend chart]
A long-term uptrend had started on March 9, 2009 at 32.56 and reached 116.23 on March 17, 2026. ED gained -83.67 points, or -256.97%, in 888 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 92.49 and resistance is at 115.24. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
 Medium-term trend: [See ED medium-term trend chart]
A medium-term uptrend had started on December 8, 2025 at 94.96 and reached 116.23 on March 17, 2026. ED gained -21.27 points, or -22.40%, in 14 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (112.61) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See ED weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since December 26, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.
 Short-term trend: [See ED short-term trend chart]
A short-term downtrend had started on April 2, 2026 at 115.86 and reached 107.65 on April 22, 2026. ED lost 8.21 points, or 7.09%, in 20 days. The chart has formed a Broadening Descending Wedge chart pattern.
Daily Technical Indicators: [See ED daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since April 10, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current short-term downtrend is still strong, and momentum is beginning to wane.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|