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Stock Trend Analysis Report

Prepared for you on Tuesday, June 6, 2023.

Consolidated Edison, Inc. (NYSE:ED)

Sidelines Mode (-55) - ED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low ED Price Change
93.49 93.57 92.20 92.40 +0.64
Entry Signal

MarketClub’s Trade Triangles for ED

long term up The long-term trend has been UP since Apr 6th, 2023 at 99.06

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2023 at 97.72

short term up The short-term trend has been UP since Jun 5th, 2023 at 93.74

Smart Scan Analysis for ED

Based on our trend formula, ED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.49 93.57 92.20 92.40 +0.64
Prev. Close Volume Bid Ask Time
91.76 1082507 2023-06-06 15:59:53
Year High84.94Year High Date2018-01-02
Year Low71.12Year Low Date2018-06-12
52wk High102.2152wk High Date2022-09-12
52wk Low78.152wk Low Date2022-10-13
Year End Close55.54Average Volume2,206,026
Shares Outstanding346,540Short Interest5,720,256
% Institutional42.2Market Cap29,869M
P/E Ratio13.2407Beta0.09
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