Consolidated Edison: 15min Chart Triggers RSI Oversold, KDJ Golden Cross

According to the 15-minute chart for Consolidated Edison, the stock has recently triggered an oversold RSI reading and a Golden Cross on the KDJ indicator at 10:30 on February 10, 2025. This suggests that the stock price has experienced a sharp decline and fallen below its fundamental support level, leading to a shift in momentum towards an upward trend and potential further price increases.

On February 10, 2025, at 10:30, Consolidated Edison's stock triggered an oversold RSI reading and a Golden Cross on the KDJ indicator, signaling a potential upward trend and price increase. This technical analysis suggests that the stock has experienced a sharp decline and fallen below its fundamental support level, leading to a shift in momentum.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. An oversold RSI reading indicates that the stock may be undervalued and ripe for a rebound. The Golden Cross occurs when a short-term moving average crosses above a long-term moving average, indicating a bullish signal and potential price appreciation.

Consolidated Edison, a major U.S. energy company, has a history of consistent dividend hikes, with a dividend yield of 3.45% and annual dividend payments of $3.40 per share. Investors looking to generate passive income can consider investing in Consolidated Edison stock, as it requires approximately $34,783 to generate an income of $100 per month Here's How You Can Earn $100 In Passive Income By Investing In Consolidated Edison Stock^[1].

Wall Street analysts expect Consolidated Edison to post an EPS of $1.77 for Q3 2025, up from $1.68 in the prior-year period, with quarterly revenue expected to be $4.22 billion Here's How You Can Earn $100 In Passive Income By Investing In Consolidated Edison Stock^[1]. The 52-week range of Consolidated Edison stock price was $87.28 to $114.87.

Investors should closely monitor the company's earnings reports and technical indicators to make informed investment decisions. The recent technical signals suggest that Consolidated Edison stock may be poised for a price increase, providing an attractive opportunity for income-focused investors.