(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 2024-10-09 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 106420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 23.32 | 21.93 | 23.33 | 21.44 | 2.463 times |
| 08 Tue Oct 2024 | 21.68 | 21.88 | 22.09 | 21.45 | 1.21 times |
| 07 Mon Oct 2024 | 21.85 | 22.07 | 22.36 | 21.37 | 1.027 times |
| 04 Fri Oct 2024 | 22.37 | 22.71 | 22.88 | 22.07 | 0.832 times |
| 03 Thu Oct 2024 | 22.28 | 22.37 | 22.50 | 22.01 | 1.698 times |
| 02 Wed Oct 2024 | 22.23 | 22.38 | 22.51 | 21.91 | 0.647 times |
| 01 Tue Oct 2024 | 22.22 | 22.05 | 22.92 | 21.92 | 1.642 times |
| 30 Mon Sep 2024 | 22.16 | 22.82 | 23.08 | 21.83 | 0.915 times |
| 27 Fri Sep 2024 | 22.84 | 23.19 | 23.93 | 22.81 | 0.657 times |
| 26 Thu Sep 2024 | 22.85 | 23.43 | 23.51 | 22.77 | 0.913 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 bullish for shortterm, and stock might move up till 24.4 or till 25.7. Use a stoploss of 23.31 and if this stock hits its stoploss, then it can fall down till 22.24
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 |
| Downside Target | 21.83 |
| Downside Target | 22.77 |
| 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 | 22.02 |
| Downside Intraday Target | 20.71 |
| Upside Intraday Target | 23.98 |
| Upside Intraday Target | 24.63 |
| Downside Intraday Target | 22.67 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 23.32 | 22.07 | 23.33 | 21.37 | 0.82 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 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 |
| 09 Wed Oct 2024 | 23.32 | 22.05 | 23.33 | 21.37 | 0.567 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Empresa Distribuidora Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 and the buying is gaining 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 22.46 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Empresa Distribuidora Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 and the buying is gaining 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 22.46 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.