(EDN) Empresa Distribuidora complete technical analysis [charts+indicators] | Buy/Sell Empresa Distribuidora | (EDN) share price targets
Complete technical analysis of Empresa Distribuidora (EDN) by charts plus indicators, forecast predictions and share price targets for Empresa Distribuidora (EDN)
Empresa Distribuidora trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-02-23 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 39240
Date | Daily Closing Price | Open | High | Low | Volume |
23 Fri Feb 2024 | 18.97 | 19.92 | 19.92 | 18.45 | 2.426 times |
22 Thu Feb 2024 | 19.45 | 19.06 | 20.15 | 19.06 | 1.751 times |
21 Wed Feb 2024 | 19.07 | 19.15 | 19.20 | 18.60 | 1.05 times |
20 Tue Feb 2024 | 19.21 | 19.09 | 19.53 | 18.12 | 1.618 times |
16 Fri Feb 2024 | 18.63 | 18.87 | 19.16 | 18.43 | 0.224 times |
15 Thu Feb 2024 | 18.89 | 17.89 | 19.31 | 17.89 | 1.249 times |
14 Wed Feb 2024 | 18.36 | 18.00 | 18.40 | 17.65 | 0.874 times |
13 Tue Feb 2024 | 17.26 | 17.21 | 17.28 | 16.81 | 0.237 times |
12 Mon Feb 2024 | 17.36 | 18.02 | 18.08 | 17.20 | 0.428 times |
09 Fri Feb 2024 | 17.70 | 16.82 | 17.91 | 16.50 | 1.414 times |
Stock of Empresa Distribuidora (EDN) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 19.7 or till 20.7. Use a stoploss of 18.79 and if this stock hits its stoploss, then it can fall down till 17.91
Share price targets for Empresa Distribuidora (EDN)
Target Type | Value |
Downside Target | 10.06 |
Downside Target | 13.00 |
Downside Target | 15.80 |
Downside Target | 16.50 |
Downside Target | 18.12 |
Upside Target | 19.05 |
Upside Target | 20.15 |
Upside Target | 20.16 |
Upside Target | 20.19 |
Upside Target | 21.51 |
Upside Target | 21.80 |
Intraday share price targets for Empresa Distribuidora (EDN)
Target Type | Value |
Downside Intraday Target | 18.01 |
Downside Intraday Target | 17.05 |
Upside Intraday Target | 20.04 |
Upside Intraday Target | 21.11 |
Upside Intraday Target | 19.08 |
Weekly technical analysis of Empresa Distribuidora (EDN)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Fri Feb 2024 | 18.97 | 19.09 | 20.15 | 18.12 | 2.272 times |
16 Fri Feb 2024 | 18.63 | 18.02 | 19.31 | 16.81 | 0.439 times |
09 Fri Feb 2024 | 17.70 | 19.69 | 20.16 | 16.50 | 1.142 times |
02 Fri Feb 2024 | 19.51 | 19.90 | 20.19 | 19.05 | 0.425 times |
26 Fri Jan 2024 | 20.05 | 19.79 | 21.51 | 19.09 | 2.616 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Empresa Distribuidora (EDN)
Date | Monthly Closing Price | Open | High | Low | Volume |
23 Fri Feb 2024 | 18.97 | 19.75 | 20.16 | 16.50 | 0.5 times |
31 Wed Jan 2024 | 19.66 | 19.41 | 21.51 | 16.92 | 0.718 times |
29 Fri Dec 2023 | 19.37 | 16.00 | 21.80 | 15.80 | 1.476 times |
30 Thu Nov 2023 | 16.06 | 10.24 | 18.22 | 10.06 | 1.671 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Empresa Distribuidora (EDN)
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Empresa Distribuidora stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Empresa Distribuidora in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Empresa Distribuidora Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Empresa Distribuidora in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Empresa Distribuidora is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.77 and Empresa Distribuidora (EDN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Empresa Distribuidora (EDN) stock. Volume based technical analysis of Empresa Distribuidora (EDN) stock is negative.
Empresa Distribuidora Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Empresa Distribuidora stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Empresa Distribuidora in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Empresa Distribuidora Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Empresa Distribuidora in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Empresa Distribuidora is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.77 and Empresa Distribuidora (EDN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Empresa Distribuidora (EDN) stock. Volume based technical analysis of Empresa Distribuidora (EDN) stock is negative.
Empresa Distribuidora Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.