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Cons Edison Inc Has Returned 10.9% Since SmarTrend Recommendation (ED)

By Nick Russo

SmarTrend identified a Downtrend for Cons Edison Inc (NYSE:ED) on April 24th, 2020 at $81.88. In approximately 2 weeks, Cons Edison Inc has returned 10.94% as of today's recent price of $72.92.

In the past 52 weeks, Cons Edison Inc share prices have been bracketed by a low of $62.03 and a high of $95.10 and are now at $72.65, 17% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has slid 0.2%.

Consolidated Edison, Inc., through its subsidiaries, provides a variety of energy related products and services. The Company supplies electric service in New York, parts of New Jersey, and Pennsylvania as well as supplies electricity to wholesale customers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cons Edison Inc.

Log in and add Cons Edison Inc (ED) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights cons edison inc

Ticker(s): ED