Auto-detected technical analysis for ED · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$110.76last close · Jun 25, 2026
ED Bullish Pennant Pattern
No chart pattern is currently detected on ED. The most recent was a Bullish Pennant, detected Jun 23, 2026.
A Bullish Pennant is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $114.52 (+5.5%). Across 13,034 backtested bullish pennants, the setup followed through 55.2% of the time, averaging +0.58R; ED's own bullish pennants have hit 74.1%.
ED is in an open Symmetrical Triangle setup — it broke down near $108.19, projecting a target near $101.62, with invalidation at $115.86.
How Bullish Pennants have performed
Win rate
55.2%
Avg return
+0.58R
Backtested trades
13,034
ED win rate
74.1%
Historical pattern statistics (1986-11-26 – 2026-06-08), not a prediction.
ED support and resistance levels
Price was turned away at a ceiling near $117.96 about 3 months ago and has been sliding since. On the weekly chart, the next floor below sits near $98.34 — still about 12% away.
Traders commonly watch $98.34 as a target (its 61.8% retracement) — think of it as a sensible next stop, not a guarantee.
That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
Nothing here is a signal to act — the short would have set up at the $117.96 ceiling about 3 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh entry.
Nearest auto-detected support sits near $96.24, resistance near $113.82. These are chart/swing-derived levels, not formula pivots.
No pattern is currently detected on ED. The most recent was a Bullish Pennant, detected Jun 23, 2026.
Is a Bullish Pennant bullish or bearish?
The Bullish Pennant detected on ED is a bullish pattern, projecting a measured-move target of $114.52. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bullish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bullish Pennant family (13,034 trades over 516 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.58R. These are historical statistics, not a prediction.
What are the support and resistance levels for ED?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), ED's nearest support is around $96.24 and nearest resistance around $113.82.
What is the price target if ED's pattern breaks out?
The detected Bullish Pennant has a geometry-based measured-move target of $114.52 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ED's closing price on Jun 25, 2026?
Consolidated Edison (ED) last closed at $110.76 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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