(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 2024-03-01 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 65840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 17.44 | 16.93 | 17.58 | 16.28 | 0.57 times |
| 29 Thu Feb 2024 | 16.64 | 17.20 | 17.44 | 16.44 | 0.583 times |
| 28 Wed Feb 2024 | 16.89 | 16.87 | 17.39 | 16.81 | 0.942 times |
| 27 Tue Feb 2024 | 17.25 | 17.92 | 18.03 | 17.00 | 0.966 times |
| 26 Mon Feb 2024 | 18.10 | 18.75 | 19.34 | 17.95 | 2.552 times |
| 23 Fri Feb 2024 | 18.97 | 19.92 | 19.92 | 18.45 | 1.446 times |
| 22 Thu Feb 2024 | 19.45 | 19.06 | 20.15 | 19.06 | 1.043 times |
| 21 Wed Feb 2024 | 19.07 | 19.15 | 19.20 | 18.60 | 0.626 times |
| 20 Tue Feb 2024 | 19.21 | 19.09 | 19.53 | 18.12 | 0.964 times |
| 16 Fri Feb 2024 | 18.63 | 18.87 | 19.16 | 18.43 | 0.134 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 17.3 as stoploss in an intra day buy trade for a target of 18.18. However, stock will show a bearish move below 17.3.
Share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Target | 10.06 |
| Downside Target | 15.80 |
| Downside Target | 16.28 |
| Upside Target | 17.58 |
| Upside Target | 18.12 |
| Upside Target | 19.05 |
| Upside Target | 19.34 |
| 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 | 16.03 |
| Downside Intraday Target | 14.63 |
| Upside Intraday Target | 19.09 |
| Upside Intraday Target | 20.75 |
| Upside Intraday Target | 17.69 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 17.44 | 18.75 | 19.34 | 16.28 | 1.376 times |
| 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 |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Empresa Distribuidora (EDN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 17.44 | 16.93 | 17.58 | 16.28 | 0.036 times |
| 29 Thu Feb 2024 | 16.64 | 19.75 | 20.16 | 16.44 | 0.729 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 |
Scroll below to view daily charts
Price has moved up 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 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 short 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Empresa Distribuidora stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Empresa Distribuidora in short term and the sell signal is strong.
Empresa Distribuidora Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Empresa Distribuidora in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Empresa Distribuidora is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.22 and Empresa Distribuidora (EDN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 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 short 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Empresa Distribuidora stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Empresa Distribuidora in short term and the sell signal is strong.
Empresa Distribuidora Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Empresa Distribuidora in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Empresa Distribuidora is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.22 and Empresa Distribuidora (EDN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.