|
|
|
|
Electric Utilities Industry Stocks Technical Analysis - EDArchive
- 3/21/2025 -
Sign In to see current Signals. |
Consolidated Edison (ED) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a fifth consecutive positive week for the Consolidated Edison (ED). During the week, the ED gained 1.40 points, or 1.32%, and closed at 107.80 on Friday, March 21, 2025. Weekly volume was 56% above 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 109.40 on March 21, 2025. ED gained -76.84 points, or -236.00%, in 836 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 88.68 and resistance is at 111.43. 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 October 13, 2022 at 78.10 and reached 109.40 on March 21, 2025. ED gained -31.30 points, or -40.08%, in 127 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (109.56). 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 medium-term trend.
 Weekly Technical Indicators: [See ED weekly technical indicators chart]
Weekly 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 weekly Lane's Stochastic or strongly overbought weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since February 21, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 February 12, 2025 at 93.52 and reached 109.40 on March 21, 2025. ED gained -15.88 points, or -16.98%, in 37 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 106.01 and resistance is at 112.72. 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 short-term trend.
 Daily Technical Indicators: [See ED daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Daily MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with daily MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.
The daily MACD line is above its signal line since February 20, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Utilities |
12 |
| Industry |
Electric Utilities |
101 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
101.90 |
| Low Date |
03/12/2025 |
| High |
109.40 |
| High Date |
03/21/2025 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
112.72 |
| Support |
106.01 |
| Low |
93.52 |
| Low Date |
02/12/2025 |
| High |
109.40 |
| High Date |
03/21/2025 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
113.45 |
| Support |
102.22 |
| Low |
87.28 |
| Low Date |
01/13/2025 |
| High |
109.40 |
| High Date |
03/21/2025 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Test Resistance |
| Resistance |
109.56 |
| Support |
88.13 |
| Low |
78.10 |
| Low Date |
10/13/2022 |
| High |
109.40 |
| High Date |
03/21/2025 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
111.43 |
| Support |
88.68 |
| Low |
32.56 |
| Low Date |
03/09/2009 |
| High |
109.40 |
| High Date |
03/21/2025 |
|
|