Why Is Consolidated Edison, Inc. (NYSE: ED) Stock Up Today?

Consolidated Edison, Inc. (NYSE: ED) Summary

Consolidated Edison, Inc. (NYSE: ED) is trading up +0.38% at $108.80, reflecting a positive shift in investor sentiment today. The stock opened at $108.02 and has moved between $107.95 and $109.34 so far.

Trading volume is 1323429, which is 46% below its average, and the price action suggests buying interest.

Technically, ED on the NYSE is trading below its 50-day moving average of $109.50 and above its 200-day moving average of $106.57, indicating short-term weakness but long-term strength.

Analyst sentiment is bearish. Meyka's AI assigns ED a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -7.22% in 1 month ($100.94), -2.46% in 1 year ($106.12), and +14.63% in 5 years ($124.72).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NYSE.
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