Consolidated Edison Stock Technical Analysis

ED Stock  USD 91.77  0.87  0.96%   
As of the 20th of April, Consolidated Edison shows the Downside Deviation of 1.14, risk adjusted performance of 0.0267, and Mean Deviation of 0.8255. Consolidated Edison technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Consolidated Edison, which can be compared to its peers. Please confirm Consolidated Edison maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Consolidated Edison is priced correctly, providing market reflects its regular price of 91.77 per share. Given that Consolidated Edison has jensen alpha of (0.02), we suggest you to validate Consolidated Edison's prevailing market performance to make sure the company can sustain itself at a future point.

Consolidated Edison Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Consolidated, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Consolidated
  
Consolidated Edison's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Consolidated Edison Analyst Consensus

Target PriceAdvice# of Analysts
88.0Hold18Odds
Consolidated Edison current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Consolidated analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Consolidated stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Consolidated Edison, talking to its executives and customers, or listening to Consolidated conference calls.
Consolidated Analyst Advice Details
Consolidated Edison technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Consolidated Edison technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Consolidated Edison trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Consolidated Edison Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Consolidated Edison volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Consolidated Edison Trend Analysis

Use this graph to draw trend lines for Consolidated Edison. You can use it to identify possible trend reversals for Consolidated Edison as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Consolidated Edison price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Consolidated Edison Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Consolidated Edison applied against its price change over selected period. The best fit line has a slop of   0.02  , which suggests that Consolidated Edison will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 22.69, which is the sum of squared deviations for the predicted Consolidated Edison price change compared to its average price change.

About Consolidated Edison Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Consolidated Edison on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Consolidated Edison based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Consolidated Edison price pattern first instead of the macroeconomic environment surrounding Consolidated Edison. By analyzing Consolidated Edison's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Consolidated Edison's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Consolidated Edison specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2022 2024 (projected)
Dividend Yield0.04030.03220.0515
Price To Sales Ratio1.982.162.27

Consolidated Edison April 20, 2024 Technical Indicators

Most technical analysis of Consolidated help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Consolidated from various momentum indicators to cycle indicators. When you analyze Consolidated charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Consolidated Edison April 20, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Consolidated stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Consolidated Edison is a strong investment it is important to analyze Consolidated Edison's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Consolidated Edison's future performance. For an informed investment choice regarding Consolidated Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.
Note that the Consolidated Edison information on this page should be used as a complementary analysis to other Consolidated Edison's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Consolidated Stock analysis

When running Consolidated Edison's price analysis, check to measure Consolidated Edison's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Consolidated Edison is operating at the current time. Most of Consolidated Edison's value examination focuses on studying past and present price action to predict the probability of Consolidated Edison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Edison's price. Additionally, you may evaluate how the addition of Consolidated Edison to your portfolios can decrease your overall portfolio volatility.
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Is Consolidated Edison's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Consolidated Edison. If investors know Consolidated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Consolidated Edison listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.821
Dividend Share
3.24
Earnings Share
7.21
Revenue Per Share
42.171
Quarterly Revenue Growth
(0.15)
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.