(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 2024-10-08 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 100170
Date | Daily Closing Price | Open | High | Low | Volume |
08 Tue Oct 2024 | 21.68 | 21.88 | 22.09 | 21.45 | 1.286 times |
07 Mon Oct 2024 | 21.85 | 22.07 | 22.36 | 21.37 | 1.091 times |
04 Fri Oct 2024 | 22.37 | 22.71 | 22.88 | 22.07 | 0.883 times |
03 Thu Oct 2024 | 22.28 | 22.37 | 22.50 | 22.01 | 1.804 times |
02 Wed Oct 2024 | 22.23 | 22.38 | 22.51 | 21.91 | 0.688 times |
01 Tue Oct 2024 | 22.22 | 22.05 | 22.92 | 21.92 | 1.744 times |
30 Mon Sep 2024 | 22.16 | 22.82 | 23.08 | 21.83 | 0.972 times |
27 Fri Sep 2024 | 22.84 | 23.19 | 23.93 | 22.81 | 0.698 times |
26 Thu Sep 2024 | 22.85 | 23.43 | 23.51 | 22.77 | 0.97 times |
25 Wed Sep 2024 | 23.29 | 24.18 | 24.20 | 23.03 | 0.487 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.2, but if it comes above 22.2, then a intra day buy could be more profitable.
If you take a sell trade below 22.2, then use 22.2 as stoploss and 20.9 as target. However if you take a buy trade in stock , then use 22.2 as stoploss and 23.28 as target.
Share price targets for Empresa Distribuidora (EDN)
Target Type | Value |
Downside Target | 13.78 |
Downside Target | 14.59 |
Downside Target | 15.48 |
Downside Target | 17.76 |
Downside Target | 18.38 |
Downside Target | 18.84 |
Downside Target | 19.77 |
Downside Target | 21.07 |
Upside Target | 21.83 |
Upside Target | 22.36 |
Upside Target | 23.37 |
Upside Target | 24.57 |
Upside Target | 24.79 |
Upside Target | 25.71 |
Intraday share price targets for Empresa Distribuidora (EDN)
Target Type | Value |
Downside Intraday Target | 21.25 |
Downside Intraday Target | 20.81 |
Upside Intraday Target | 22.24 |
Upside Intraday Target | 22.79 |
Upside Intraday Target | 21.8 |
Weekly technical analysis of Empresa Distribuidora (EDN)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Tue Oct 2024 | 21.68 | 22.07 | 22.36 | 21.37 | 0.39 times |
04 Fri Oct 2024 | 22.37 | 22.82 | 23.08 | 21.83 | 1.721 times |
27 Fri Sep 2024 | 22.84 | 24.34 | 24.57 | 22.77 | 0.929 times |
20 Fri Sep 2024 | 24.33 | 25.04 | 25.71 | 23.37 | 0.696 times |
13 Fri Sep 2024 | 24.56 | 21.64 | 24.79 | 21.07 | 1.362 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 |
08 Tue Oct 2024 | 21.68 | 22.05 | 22.92 | 21.37 | 0.42 times |
30 Mon Sep 2024 | 22.16 | 19.09 | 25.71 | 18.84 | 1.171 times |
30 Fri Aug 2024 | 19.30 | 16.40 | 19.77 | 13.78 | 1.683 times |
31 Wed Jul 2024 | 16.52 | 16.24 | 17.76 | 14.59 | 0.748 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Empresa Distribuidora stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Empresa Distribuidora in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Empresa Distribuidora in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 22.28 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Empresa Distribuidora stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Empresa Distribuidora in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Empresa Distribuidora in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 22.28 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.