Consolidated Edison Technical Analysis Overview

ED -- USA Stock  

USD 79.46  0.24  0.30%

Consolidated Edison shows Risk Adjusted Performance of 0.2343 and Mean Deviation of 0.5701. 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 future prices. In plain English 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 found nineteen technical drivers for Consolidated Edison which can be compared to its rivals. Please confirm Consolidated Edison Maximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to decide if Consolidated Edison is priced correctly providing market reflects its regular price of 79.46 per share. Given that Consolidated Edison has Jensen Alpha of 0.4184, we suggest you validate Consolidated Edison prevailing market performance to make sure the company can sustain itself at future point.
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Consolidated Edison Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of five. 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. View also all equity analysis or get more info about average true range volatility indicators indicator.

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 0.19 % which suggests that Consolidated Edison will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 28.93, which is the sum of squared deviations for the predicted Consolidated Edison price change compared to its average price change.

Current Sentiment - ED

Consolidated Edison Investor Sentiment
Nearly all of Macroaxis users are currently bullish on Consolidated Edison. What is your opinion about investing in Consolidated Edison? Are you bullish or bearish?
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98% Bullish
2% Bearish
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Consolidated Edison July 16, 2018 Daily Price Condition

Additionally see Investing Opportunities. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.