What chart pattern is ChartPattern.io tracking on Consolidated Edison?
ChartPattern.io is currently tracking Rounding Bottom on Consolidated Edison in the Utilities stock.
Live Utilities stock scanner page for Consolidated Edison. Review the rounding bottom setup, chart structure, and trade levels in one place.
Market participants tracking Consolidated Edison should note the latest formation. Currently at $115.42, the asset is showing downward momentum (-0.28%). The primary technical feature is a Rounding Bottom formation. Volume is average (0.77x avg) with moderate trend strength (56.0). A potential breakout level is identified at $116.5, targeting $131.0 with support near $109.25 (R:R 2.0).
ED is part of the Utilities stock on ChartPattern.io. The scanner currently highlights Rounding Bottom as the leading setup, with an entry near $116.50, a stop around $109.25, and a target near $131.00.
Rounding Bottom
41/100 CP Index
Entry $116.50 · Stop $109.25 · Target $131.00
Live monitoring of the Rounding Bottom setup on ED. See where price is heading.
Gradual reversal from bearish to bullish.
What is your outlook on ED?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on ED.
ChartPattern.io is currently tracking Rounding Bottom on Consolidated Edison in the Utilities stock.
The current trade plan points to an entry near $116.50, a stop near $109.25, and a target near $131.00.
Consolidated Edison currently leans neutral. The page is showing a CP Index of 41/100, which helps summarize the current technical setup.