Based on the 15-minute chart for Consolidated Edison, the MACD and KDJ indicators have both triggered death crosses, which occurred on October 8, 2025 at 11:45. This suggests that the stock price is likely to continue falling, as the momentum of the stock price is shifting towards the downside and has the potential to further decrease.
Consolidated Edison Inc. (NYSE: ED) has recently faced a potential downturn in its stock price following a significant technical indicator event. On October 8, 2025, at 11:45, the MACD and KDJ indicators on the 15-minute chart triggered death crosses, signaling a shift in momentum towards the downside for the stock. This development suggests that the stock price is likely to continue falling, as these indicators are commonly used by traders to predict changes in a stock's trend.
Mizuho Financial Group maintained its Outperform rating and $112.00 price target for Consolidated Edison, a utility company with a 3.4% dividend yield, despite the recent technical indicators
Mizuho reaffirms Consolidated Edison stock rating with $112 target[1]. The company's investor call focused on future energy delivery goals, including plans for electric vehicle charging infrastructure, substation network expansion, and potential utility-owned renewable generation projects in New York. Mizuho's confidence in the company's growth strategy is reflected in its maintained price target.
Consolidated Edison's second-quarter 2025 adjusted earnings per share of $0.68 exceeded the consensus estimate of $0.65, leading Mizuho to raise its price target to $112 from $107 while maintaining an Outperform rating
Mizuho reaffirms Consolidated Edison stock rating with $112 target[1]. The company also reaffirmed its long-term earnings per share compound annual growth rate of 6% to 7% and declared a quarterly dividend of 85 cents per share, payable on September 15, 2025
Mizuho reaffirms Consolidated Edison stock rating with $112 target[1]. These positive earnings and dividend announcements indicate the company's financial health and stability.
However, the recent technical indicator signals suggest that investors should be cautious about the stock's short-term performance. Traders should closely monitor the stock's price movements and consider the potential impact of the death crosses on its momentum. Despite the recent positive earnings and dividend announcements, the technical indicators may indicate a potential downward trend in the stock price.
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