The best indicator for Consolidated Edison (ED)
We backtested 382 indicators across daily, weekly and hourly charts on real Consolidated Edison (ED) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Trendlines with Breaks
On the weekly chart, this is the strongest risk-adjusted edge we found for Consolidated Edison (ED) over ~64.7 years — trailing buy-and-hold by 0.3% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Consolidated Edison (ED) — trailing buy-and-hold by 2.9% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Trendlines with Breaks ✓ | Weekly | 9.6% | 0.7 | -28.3% | 88.9% | 18 | -0.3% |
| 2 | McGinley 100 Trend ✓ | Daily | 11.3% | 0.69 | -49.4% | 26.7% | 60 | 1.3% |
| 3 | McGinley 200 Trend ✓ | Daily | 11.2% | 0.69 | -49.4% | 33.3% | 51 | 1.3% |
| 4 | McGinley 100 Trend ✓ | Weekly | 10.9% | 0.68 | -48.2% | 35.3% | 17 | 1.0% |
| 5 | EMA 20/50 Cross ✓ | Weekly | 9.4% | 0.66 | -30.6% | 60.0% | 25 | -0.5% |
| 6 | SMA 20/50 Cross ✓ | Weekly | 9.0% | 0.66 | -35.1% | 63.3% | 30 | -0.9% |
| 7 | EMA 15/60 Cross ✓ | Weekly | 9.3% | 0.66 | -32.6% | 54.2% | 24 | -0.7% |
| 8 | SMA 15/60 Cross ✓ | Weekly | 9.2% | 0.66 | -27.4% | 70.8% | 24 | -0.7% |
| 9 | Trend Intensity Index ✓ | Weekly | 9.0% | 0.65 | -31.8% | 75.0% | 16 | -0.9% |
| 10 | McGinley 30 Trend ✓ | Weekly | 10.4% | 0.65 | -55.3% | 29.0% | 31 | 0.5% |
| 11 | McGinley 200 Trend ✓ | Weekly | 10.3% | 0.65 | -49.9% | 25.9% | 27 | 0.4% |
| 12 | SMA 20/80 Cross ✓ | Weekly | 9.1% | 0.65 | -32.8% | 73.7% | 19 | -0.8% |
| 13 | WMA 20/80 Cross ✓ | Weekly | 8.9% | 0.65 | -28.3% | 69.2% | 26 | -1.1% |
| 14 | TRIX (21) ✓ | Weekly | 9.1% | 0.65 | -27.8% | 68.4% | 19 | -0.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Consolidated Edison (ED), Trendlines with Breaks on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get alerted when Consolidated Edison’s signal flips
We track Consolidated Edison daily. Its backtested best indicator, Trendlines with Breaks (Weekly), is long right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.