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Electric Utilities Industry Stocks Technical Analysis - ED

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- 10/30/2026 -
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Consolidated Edison (ED) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range is strongly overboughtTrend resistance at 117.06
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtRelative Strength Index, Lane's Stochastic and MACD bearish divergenceThe period of high volatility of the stock price
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It was a fifth positive week after 4 consecutive negative weeks for the Consolidated Edison (ED). During the week, the ED climbed 0.90 points, or 0.78%, and closed at 116.64 on Friday, October 30, 2026. ED was trading at average weekly trading volume.

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 117.65 on October 30, 2026. ED gained -85.09 points, or -261.33%, in 920 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (117.06). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See ED medium-term trend chart]
A medium-term uptrend had started on October 13, 2022 at 78.10 and reached 117.65 on October 30, 2026. ED gained -39.55 points, or -50.64%, in 211 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 101.79 and resistance is at 119.16. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See ED weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 Williams' Percentage Range help.

The weekly MACD line is above its signal line since October 16, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See ED short-term trend chart]
A short-term uptrend had started on October 28, 2026 at 113.95 and reached 117.65 on October 30, 2026. ED gained -3.70 points, or -3.25%, in 2 days. The price is now at the 27.30% retracement level.

Daily Technical Indicators: [See ED daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Daily Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Lane's Stochastic and Relative Strength Index help.

The daily MACD line is above its signal line since October 2, 2026. This is an indication that the short-term trend is up.

The distance between the Bollinger Bands is 110.73% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 74.69
Bearish
Williams' Percentage Range (W%R) 4.30
Strong Overbought
Lane's Stochastic (%D-Slow) 81.30
Overbought Bearish
Greed/Fear Indicator (GFI) 83.90
Overbought
Moving Average Converg./Diverg. (MACD) 2.14 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.63
Williams' Percentage Range (W%R) 4.10
Strong Overbought
Lane's Stochastic (%D-Slow) 61.49
Greed/Fear Indicator (GFI) 71.41
Moving Average Converg./Diverg. (MACD) 0.06
Trading Signals
Description Value Chart
Upper Bollinger Band 120.05
Monthly Trendline Resistance 119.75
Quarterly Trendline Resistance 119.16
Yearly Trendline Resistance 117.06
Price 116.64
Daily Stochastic Crossing 116.39
Monthly Trendline Support 115.46
Parabolic System 113.99
Weekly Stochastic Crossing 113.64
20 Day Moving Average 110.71
50 Day Moving Average 107.71
Lower Bollinger Band 103.05
Quarterly Trendline Support 101.79
Yearly Trendline Support 94.31
Sector and Industry
Description Name Rank
Sector Utilities 10
Industry Electric Utilities 76
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 113.95
Low Date 10/28/2026
High 117.65
High Date 10/30/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 113.95
Low Date 10/28/2026
High 117.65
High Date 10/30/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 119.75
Support 115.46
Low 102.00
Low Date 09/29/2026
High 117.65
High Date 10/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Valid
Resistance 119.16
Support 101.79
Low 78.10
Low Date 10/13/2022
High 117.65
High Date 10/30/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Resistance
Resistance 117.06
Support 94.31
Low 32.56
Low Date 03/09/2009
High 117.65
High Date 10/30/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.