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Electric Utilities Industry Stocks Technical Analysis - EDArchive
- 6/6/2025 -
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Consolidated Edison (ED) Technical Analysis
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| Summary:
| | | Weekly : | | Daily :
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| | It was the negative week for the Consolidated Edison (ED). During the week, the ED dropped -2.88 points, or -2.76%, and closed at 101.61 on Friday, June 6, 2025. ED was trading at average weekly trading volume.
 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 trend support level is at 89.42 and resistance is at 112.17. 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 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 trend support level is at 89.08 and resistance is at 110.51. 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 medium-term trend.
 Weekly Technical Indicators: [See ED weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since May 23, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 May 20, 2025 at 106.08 and reached 101.08 on June 6, 2025. ED lost 5.00 points, or 4.71%, in 17 days. The price is now at the 10.6% retracement level.
Daily Technical Indicators: [See ED daily technical indicators chart]
Daily technical indicators are neutral. Daily MACD has bullish 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 bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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.
The daily MACD line is below its signal line since June 3, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
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.
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