ED Is Down 9% Over 43 Days. What History Says Now

Consolidated Edison Drop: What 43 Days of Selling Means for ED

Consolidated Edison, Inc. (ED) has reached a current drawdown of -8.7% as of May 16, 2026. This decline marks a shift in the stock's risk profile, as our data shows the Drawdown Severity Score™ has moved to 2.1. This score places the utility stock in the yellow zone, indicating a moderately elevated level of risk compared to its historical norms.

The current move away from the all-time high of $115.46 has now lasted 43 days. While a drawdown of less than 10% may seem routine for many equities, our data shows this specific move has surpassed the historical average max drawdown of -3.2% for this asset. We monitor these deviations closely because they often signal a change in the underlying price regime.

Understanding the Shift to the Yellow Zone

The transition from the green zone to the yellow zone is a quantitative measurement of price stress. When the Drawdown Severity Score™ reaches 2.1, it indicates that the current price action is no longer within the bounds of a standard, minor pullback. For Consolidated Edison, Inc. (ED), the average drawdown duration is 47 days, meaning the current 43-day slide is rapidly approaching the typical length of a recovery cycle.

Our data indicates that Consolidated Edison, Inc. (ED) has experienced 290 total historical drawdown events. The vast majority of these events are shallow and brief, which is why the current -8.7% depth is statistically relevant. By crossing the 2.0 threshold on the Drawdown Severity Score™, the stock has entered a phase where historical volatility often begins to cluster.

The current price of $105.36 reflects a persistent downward trend that has remained unbroken for over six weeks. Because the Drawdown Severity Score™ is proprietary to our platform, we use it to filter out market noise and focus on how this specific stock behaves when it loses momentum. In the case of this utility, a score of 2.1 suggests that the current selling pressure is stronger than approximately 80% of its historical pullbacks.

Historical Context of Major Drawdowns

To understand the potential path forward, we look at how Consolidated Edison, Inc. (ED) handles more extreme price stress. Our data shows that this stock has dropped by 30% or more only 4 times in its recorded history. This is a very small sample size, which investors should keep in mind when reviewing these specific historical averages.

In those 4 instances where the drawdown reached the 30% threshold, the average duration of the comparable drops was 1025 days. This highlights a significant disparity between routine pullbacks and major structural declines for this ticker. While the current -8.7% drawdown is far from that 30% marker, the historical data suggests that once this stock enters a deep correction, the recovery process can be exceptionally long.

The current 43-day duration is already nearing the 47-day average for all 290 historical events. If the stock does not find a floor within the next several days, the current event will officially become an outlier in terms of duration. We track these duration milestones because they often precede further shifts in the Drawdown Severity Score™.

Analysis of Current Data Limits

This report is a data-only analysis based on the price action and drawdown metrics available as of May 16, 2026. We have not identified any specific external factors or market events to include in this report. Our focus remains strictly on the quantitative history of the stock's price movements.

Without specific external context, we rely entirely on the Drawdown Severity Score™ to gauge the health of the current trend. The move from the green zone to the yellow zone is a purely mathematical observation. It suggests that the current -8.7% decline is statistically more significant than the hundreds of minor dips the stock has weathered in the past.

By focusing on the data rather than speculation, we can see that the stock is currently in a period of "moderately elevated" risk. This classification is based on the relationship between the current -8.7% depth and the historical -3.2% average. When a stock exceeds its average drawdown depth by more than double, the severity score typically reflects that increased pressure.

What the Data Suggests Watching Next

Investors tracking Consolidated Edison, Inc. (ED) should monitor the 47-day duration mark. If the stock remains in a drawdown past this point, it exceeds its historical average duration. This would indicate that the current selling cycle is more persistent than the typical Consolidated Edison, Inc. (ED) pullback.

Another key metric is the depth of the drawdown. The current -8.7% level is the primary driver of the 2.1 Drawdown Severity Score™. If the stock continues to slide toward the -10% or -12% level, we expect the severity score to climb further into the yellow zone or potentially approach the orange zone. Conversely, a move back toward the all-time high of $115.46 would begin to compress the score.

We will continue to monitor the exact numbers as they update. The transition back to the green zone would require a significant reduction in the current drawdown percentage. Until then, the data shows a stock that is currently operating outside of its normal volatility parameters.