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Electric Utilities Industry Stocks Technical Analysis - EDArchive
- 4/17/2025 -
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Consolidated Edison (ED) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was a ninth consecutive positive week for the Consolidated Edison (ED). During the week, the ED gained 2.30 points, or 2.09%, and closed at 112.10 on Thursday, April 17, 2025. 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 114.90 on April 4, 2025. ED gained -82.34 points, or -252.89%, in 838 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend resistance line (111.69). 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 114.90 on April 4, 2025. ED gained -36.80 points, or -47.12%, in 129 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (88.47) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See ED weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index, Williams' Percentage Range and 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 links to access Lane's Stochastic, Relative Strength Index 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 near its 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 April 9, 2025 at 103.30 and reached 113.41 on April 17, 2025. ED gained -10.11 points, or -9.79%, in 8 days. The price is now at the 12.96% retracement level.
 Daily Technical Indicators: [See ED daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Utilities |
12 |
| Industry |
Electric Utilities |
106 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
103.30 |
| Low Date |
04/09/2025 |
| High |
113.41 |
| High Date |
04/17/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
103.30 |
| Low Date |
04/09/2025 |
| High |
113.41 |
| High Date |
04/17/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
119.18 |
| Support |
105.03 |
| Low |
87.28 |
| Low Date |
01/13/2025 |
| High |
114.90 |
| High Date |
04/04/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Resistance |
| Resistance |
109.90 |
| Support |
88.47 |
| Low |
78.10 |
| Low Date |
10/13/2022 |
| High |
114.90 |
| High Date |
04/04/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Test Resistance |
| Resistance |
111.69 |
| Support |
88.94 |
| Low |
32.56 |
| Low Date |
03/09/2009 |
| High |
114.90 |
| High Date |
04/04/2025 |
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