ED Is Down 8%. What History Says About This Pullback

Consolidated Edison, Inc. Has Recovered to Within 8% of All-Time Highs

Consolidated Edison, Inc. (ED) has officially transitioned from the yellow zone to the green zone as of May 18, 2026. Our data shows the stock has reduced its Drawdown Severity Score™ to 1.9, signaling a significant improvement in the risk profile of the current pullback. The stock currently sits at a drawdown of -7.8% from its all-time high of $115.46.

Transitioning From the Yellow Zone

The move into the green zone marks a shift from the previous yellow zone status, which indicates a period of heightened price pressure. At its current price of $106.51, the stock has spent 44 days in this specific drawdown cycle. This duration is approaching the historical average for the asset.

Our data indicates that the average drawdown duration for this stock is 47 days across 290 historical drawdown events. While the current 44-day stretch is consistent with historical norms, the Drawdown Severity Score™ of 1.9 classifies the current environment as "Slightly Elevated." This score suggests that while the stock is recovering, it has not yet fully neutralized the risk metrics associated with the recent decline.

Analysis of the Current Drawdown Depth

The current -7.8% drawdown is notably deeper than the average maximum drawdown of -3.2% recorded across the stock's history. By moving into the green zone, the Drawdown Severity Score™ reflects a stabilization in price action despite the drawdown remaining more than double the historical average depth.

We track these movements to identify when a stock begins to consolidate or recover after a period of weakness. The transition from yellow to green is a data-driven milestone that occurs when the proprietary Drawdown Severity Score™ drops below specific risk thresholds. This change indicates that the immediate velocity of the sell-off has slowed relative to the stock's historical volatility profile.

Historical Context and Comparable Events

To understand the current recovery, we look at how Consolidated Edison, Inc. (ED) has behaved during more severe price contractions. Historically, the stock has experienced drops of 30% or more only 4 times. This is a relatively small sample size, which should be considered when evaluating historical averages for major sell-offs.

When the stock has entered those deeper drawdown territories, the recovery process has been extensive. The average duration of those comparable drops is 1025 days. While the current -7.8% drawdown is far from those extreme historical markers, the Drawdown Severity Score™ helps contextualize the current 44-day decline against these rare, multi-year recovery cycles.

Data-Driven Risk Framework

Our analysis of Consolidated Edison, Inc. (ED) is based exclusively on price and drawdown history. We do not incorporate outside market narratives or fundamental drivers into this assessment. By focusing on the Drawdown Severity Score™, we provide a framework for understanding price behavior relative to the stock's own historical performance.

This approach allows us to compare the current 44-day period against the 290 total drawdown events we have recorded for this ticker. The green zone status indicates that the current -7.8% drawdown is currently behaving in a manner that suggests lower immediate risk than when the stock was in the yellow zone.

Monitoring Severity Thresholds

Investors tracking Consolidated Edison, Inc. (ED) should monitor specific price and drawdown levels to determine if the recovery continues or if the risk profile shifts back toward the yellow zone. A move back toward the all-time high of $115.46 would continue to lower the Drawdown Severity Score™.

Conversely, if the drawdown exceeds the current -7.8% level, the severity score would likely increase. We will continue to monitor the data to see if the stock completes its recovery within the 47-day historical average or if the current cycle extends into a more prolonged duration.