Chart pattern

ED chart pattern — Consolidated Edison

1 formation detected on the latest close (Nov 06, 2026).

Ascending Channel · Weekly candles

BullishForming
ED Ascending Channel on weekly chart
Last close$118.56
Trigger$122.83 (+3.6%)
Upper boundary$122.83
Lower boundary$102.89
Pattern spanDec 12, 2025 → 47 bars
Touches6
Fit score80/100

A steady uptrend held between two parallel rising lines. Trigger: Inside the channel, the lower rail is the buy zone. A close below it warns the trend is breaking; a close above the upper rail is an acceleration. Invalidation: A sustained close below the lower rail.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.