(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 2024-03-21 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 126620
Date | Daily Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 17.75 | 18.36 | 18.67 | 17.65 | 1.438 times |
20 Wed Mar 2024 | 18.35 | 16.79 | 18.66 | 16.66 | 1.309 times |
19 Tue Mar 2024 | 17.09 | 16.96 | 17.68 | 16.07 | 1.031 times |
18 Mon Mar 2024 | 16.85 | 15.04 | 17.07 | 14.92 | 1.568 times |
15 Fri Mar 2024 | 15.16 | 14.56 | 15.37 | 14.20 | 1.314 times |
14 Thu Mar 2024 | 14.85 | 15.70 | 16.04 | 14.59 | 1.813 times |
13 Wed Mar 2024 | 15.68 | 16.10 | 16.50 | 15.45 | 1.219 times |
12 Tue Mar 2024 | 16.15 | 15.69 | 16.35 | 15.36 | 0.502 times |
11 Mon Mar 2024 | 15.76 | 16.70 | 16.70 | 15.62 | 0.08 times |
08 Fri Mar 2024 | 16.19 | 16.30 | 17.31 | 15.63 | 0.746 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 17.8 as stoploss in an intra day sell trade for a target of 16.75. However, stock will show a bullish move above 17.8.
Share price targets for Empresa Distribuidora (EDN)
Target Type | Value |
Downside Target | 10.06 |
Downside Target | 14.20 |
Downside Target | 14.92 |
Downside Target | 15.35 |
Downside Target | 15.80 |
Downside Target | 16.28 |
Upside Target | 18.12 |
Upside Target | 18.67 |
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 | 15.56 |
Downside Intraday Target | 13.36 |
Upside Intraday Target | 19.31 |
Upside Intraday Target | 20.86 |
Downside Intraday Target | 17.11 |
Weekly technical analysis of Empresa Distribuidora (EDN)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 17.75 | 15.04 | 18.67 | 14.92 | 1.085 times |
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 |
Price has moved up 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 |
21 Thu Mar 2024 | 17.75 | 16.93 | 18.67 | 14.20 | 1.571 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, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is losing momentum.
MACD generated a BUY signal for Empresa Distribuidora in short term but the buy signal is initial and weak.
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 buy signal for Empresa Distribuidora in short term and BUY 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
Although the stock is in the SELL zone, but selling 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 16.42 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is losing momentum.
MACD generated a BUY signal for Empresa Distribuidora in short term but the buy signal is initial and weak.
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 buy signal for Empresa Distribuidora in short term and BUY 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
Although the stock is in the SELL zone, but selling 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 16.42 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.