ED

Consolidated EdisonUtilities

$107.23+0.88%

Descending Triangle Rectangle Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$107.23

MARAPRMAY

Is ED a Buy?

Live monitoring of the Descending Triangle setup on ED. See where price is heading.

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Quick Actions

Trade Plan: Bearish Flag

Risk/Reward

1:2.28

Entry

$103.75

Stop

$108.81

Target

$92.24

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Rectangle

Sideways movement between parallel supports.

Symmetrical Triangle

Consolidation. Can break either way.

Bearish Flag

Bearish continuation if preceding move was down.

Market Analysis

ED is showing interesting structural developments at $107.23. The stock is trading at $107.23, up 0.88% on the day. The primary technical feature is a Bearish Flag formation. This setup is supported by average volume turnover. A potential breakout level is identified at $103.75, targeting $92.24 with support near $108.81 (R:R 2.28).

Community Sentiment

What is your outlook on ED?

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