(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 2024-03-15 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 81560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 15.16 | 14.56 | 15.37 | 14.20 | 2.04 times |
| 14 Thu Mar 2024 | 14.85 | 15.70 | 16.04 | 14.59 | 2.815 times |
| 13 Wed Mar 2024 | 15.68 | 16.10 | 16.50 | 15.45 | 1.892 times |
| 12 Tue Mar 2024 | 16.15 | 15.69 | 16.35 | 15.36 | 0.779 times |
| 11 Mon Mar 2024 | 15.76 | 16.70 | 16.70 | 15.62 | 0.124 times |
| 08 Fri Mar 2024 | 16.19 | 16.30 | 17.31 | 15.63 | 1.157 times |
| 07 Thu Mar 2024 | 15.86 | 16.12 | 17.05 | 15.35 | 0.651 times |
| 06 Wed Mar 2024 | 16.12 | 16.58 | 17.15 | 15.98 | 1.241 times |
| 05 Tue Mar 2024 | 16.71 | 17.10 | 17.40 | 16.55 | 0.336 times |
| 04 Mon Mar 2024 | 17.27 | 18.55 | 18.55 | 17.17 | 0.546 times |
Stock of Empresa Distribuidora (EDN) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.7, but if it comes above 15.7, then a intra day buy could be more profitable.
If you take a sell trade below 15.7, then use 15.7 as stoploss and 14 as target. However if you take a buy trade in stock , then use 15.7 as stoploss and 17.07 as target.
Share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Target | 10.06 |
| Downside Target | 14.20 |
| Upside Target | 15.35 |
| Upside Target | 15.80 |
| Upside Target | 16.28 |
| Upside Target | 18.12 |
| Upside Target | 18.55 |
| Upside Target | 19.31 |
| Upside Target | 19.34 |
| Upside Target | 20.15 |
| Upside Target | 20.16 |
| Upside Target | 21.51 |
| Upside Target | 21.80 |
Intraday share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Intraday Target | 14.01 |
| Downside Intraday Target | 12.85 |
| Upside Intraday Target | 16.51 |
| Upside Intraday Target | 17.85 |
| Upside Intraday Target | 15.35 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 15.16 | 16.70 | 16.70 | 14.20 | 1.946 times |
| 08 Fri Mar 2024 | 16.19 | 18.55 | 18.55 | 15.35 | 0.868 times |
| 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 |
Price has moved down 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 |
| 15 Fri Mar 2024 | 15.16 | 16.93 | 18.55 | 14.20 | 0.93 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Empresa Distribuidora in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 15.63 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Empresa Distribuidora in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 15.63 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.