Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Consolidated Edison, Inc. (NYSE:ED)
Long-Term Uptrend (+90) - ED is in a strong uptrend that is likely to continue. While ED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ED?
MarketClub looks at technical strength and momentum to determine if the timing is right for ED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ED
The long-term trend has been UP since Apr 30th, 2024 at 94.780
The intermediate-term trend has been UP since Mar 5th, 2024 at 89.560
The short-term trend has been UP since Apr 17th, 2024 at 90.225
Smart Scan Analysis for ED
Based on our trend formula, ED is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 97.34 | 98.12 | 96.64 | 97.52 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 97.57 | 1732325 | 2024-05-08 15:59:38 |
| Year High | 84.94 | Year High Date | 2018-01-02 |
| Year Low | 71.12 | Year Low Date | 2018-06-12 |
| 52wk High | 100.08 | 52wk High Date | 2023-05-12 |
| 52wk Low | 80.46 | 52wk Low Date | 2023-10-03 |
| Year End Close | 55.54 | Average Volume | 2,394,693 |
| Shares Outstanding | 345,835 | Short Interest | 5,720,256 |
| % Institutional | 42.2 | Market Cap | 29,869M |
| Assets | 666,800,000M | Liabilities | 450,650,000M |
| P/E Ratio | 18.6782 | Beta | 0.09 |
| Volatility | 20.47 |