Stock Analysis: Consolidated Edison Inc (ED)

Stock Analysis for Consolidated Edison Inc (ED)

The Interpreter
Hey Friend, I'm analysing CONSOLIDATED EDISON INC (ED), and it is between the Support of $ 88.57 (Triangle Projection Level 0) and the Resistance of $ 90.10 (Pivot).

Consolidated Edison Inc (ED)

$ 94.12 +0.7%

Last Close 25-Apr-24

Trade ED Now

Supports

Next Support: $ 88.57

Pivot S1: $ 88.46
Fibonacci 0%: $ 88.00
Triangle Level (0): $ 88.57

Resistances

Next Resistance: $ 90.10

Pivot: $ 90.10
Fibonacci 38.2%: $ 90.50
Triangle Level (0): $ 93.70

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 08 Apr 2024	Buy Price: 90.60	Profit: Open Day1 ($ 90.78)	Abandoned Baby	Buy
002 08 Apr 2024	Buy Price: 90.51	Profit: Open Day1 ($ 90.78)	Engulfing	Buy
003 15 Mar 2024	Buy Price: 88.94	Profit: Close Day1 ($ 88.99)	Piercing Line	Buy
004 01 Mar 2024	Sell Price: 87.01	Profit: Open Day1 ($ 86.56)	Abandoned Baby	Sell
005 22 Feb 2024	Sell Price: 87.91	Profit: Open Day2 ($ 87.71)	Abandoned Baby	Sell
006 14 Dec 2023	Sell Price: 91.91	Profit: Open Day1 ($ 91.50)	Engulfing	Sell
007 11 Dec 2023	Buy Price: 91.87	Profit: Open Day1 ($ 92.09)	Piercing Line	Buy
008 11 Jul 2023	Buy Price: 92.54	Profit: Open Day1 ($ 92.81)	Engulfing	Buy
009 16 Jun 2023	Sell Price: 92.97	Profit: Close Day1 ($ 92.02)	Engulfing	Sell
010 31 May 2023	Buy Price: 93.30	Profit: Open Day1 ($ 93.71)	Abandoned Baby	Buy
011 15 May 2023	Sell Price: 98.48	Profit: Open Day1 ($ 97.47)	Engulfing	Sell
012 01 May 2023	Buy Price: 99.11	Profit: Open Day2 ($ 99.39)	Engulfing	Buy
013One Year Average	Both Sides Result for 12 Signals	Profit: $ 4.70 ($ 0.39 / Signal) +5.1% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ED Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	93.77	BUY	2	93.80	BUY
3	93.46	BUY	3	93.50	BUY
5	92.98	BUY	5	92.91	BUY
8	91.69	BUY	8	92.21	BUY
13	90.77	BUY	13	91.49	BUY
21	90.58	BUY	21	90.86	BUY
34	90.03	BUY	34	90.35	BUY
55	89.29	BUY	55	90.05	BUY
90	89.90	BUY	90	89.96	BUY
200	90.02	BUY	200	90.41	BUY

Company Info +

Name & IPO

Consolidated Edison Inc
IPO: 1948-06-21

Stock Ticker & Exchange

Ticker: EDIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.conedison.com/
Phone:

Stock Type

Common Stock

SIC Office

Energy & Transportation ()

Industry

Electric & Other Services Combined

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.