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

Consolidated Edison, Inc. (NYSE: ED) Summary

Consolidated Edison, Inc. (NYSE: ED) is trading up +1.00% at $116.64, reflecting a positive shift in investor sentiment today. The stock opened at $117.00 and has moved between $116.20 and $117.65 so far.

Trading volume is 3122883, which is 43% above its average, and the price action suggests buying interest.

Technically, ED on the NYSE is trading above its 50-day moving average of $107.54 and above its 200-day moving average of $108.95, indicating short-term and 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 -5.54% in 1 month ($110.18), -8.56% in 1 year ($106.66), and +10.06% in 5 years ($128.38).

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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