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- 4/17/2026 -
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Consolidated Edison (ED) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken trend support line
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARLane's Stochastic is oversoldPrice has crossed below the 50 Day Moving AveragePrice is near the Fibonacci 23.6% retracement levelThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Consolidated Edison (ED). During the week, the ED dropped -3.41 points, or -3.00%, and closed at 110.15 on Friday, April 17, 2026. Weekly volume was -25% 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 92.42 and resistance is at 115.17. 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 Rising Wedge chart pattern. The uptrend support line (111.47) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ED may retest the broken support line. It is considered to be a resistance line now. 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. 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 108.21 on April 17, 2026. ED lost 7.65 points, or 6.60%, in 15 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Daily Technical Indicators: [See ED daily technical indicators chart]
Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. 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.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.

During the last week, the price has crossed below the 50 Day Moving Average. While the medium-term trend is up and daily technical indicators are oversold, the 50 Day Moving Average is considered a support level. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.00
Williams' Percentage Range (W%R) 79.70
Lane's Stochastic (%D-Slow) 18.09
Oversold
Greed/Fear Indicator (GFI) 27.45
Moving Average Converg./Diverg. (MACD) 0.43
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.45
Williams' Percentage Range (W%R) 30.40
Lane's Stochastic (%D-Slow) 69.79
Greed/Fear Indicator (GFI) 64.88
Moving Average Converg./Diverg. (MACD) 2.69
Trading Signals
Description Value Chart
Monthly Trendline Resistance 116.33
Upper Bollinger Band 116.08
Yearly Trendline Resistance 115.17
Parabolic System 114.25
Weekly Stochastic Crossing 113.42
20 Day Moving Average 112.16
50 Day Moving Average 111.86
Monthly Trendline Support 111.47
Price 110.15
Daily Stochastic Crossing 109.57
Lower Bollinger Band 108.23
Yearly Trendline Support 92.42
Sector and Industry
Description Name Rank
Sector Utilities 11
Industry Electric Utilities 102
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 115.86
High Date 04/02/2026
Low 108.21
Low Date 04/17/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 108.48
Low Date 03/24/2026
High 115.86
High Date 04/02/2026
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 116.33
Support 111.47
Low 94.96
Low Date 12/08/2025
High 116.23
High Date 03/17/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 78.10
Low Date 10/13/2022
High 116.23
High Date 03/17/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 115.17
Support 92.42
Low 32.56
Low Date 03/09/2009
High 116.23
High Date 03/17/2026
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.