(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 2024-05-22 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 123897
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 16.83 | 17.84 | 17.88 | 16.63 | 1.266 times |
| 21 Tue May 2024 | 18.11 | 19.06 | 19.21 | 18.06 | 1.249 times |
| 20 Mon May 2024 | 19.05 | 18.92 | 19.18 | 18.84 | 0.267 times |
| 17 Fri May 2024 | 18.97 | 19.42 | 19.47 | 18.71 | 0.68 times |
| 16 Thu May 2024 | 19.39 | 19.86 | 19.93 | 19.22 | 1.058 times |
| 15 Wed May 2024 | 19.59 | 19.35 | 19.96 | 18.98 | 1.328 times |
| 14 Tue May 2024 | 19.09 | 19.01 | 19.54 | 18.50 | 0.728 times |
| 13 Mon May 2024 | 19.01 | 20.10 | 20.49 | 18.29 | 2.438 times |
| 10 Fri May 2024 | 20.18 | 20.20 | 20.51 | 19.62 | 0.499 times |
| 09 Thu May 2024 | 20.05 | 20.53 | 20.77 | 19.30 | 0.843 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.2, but if it comes above 17.2, then a intra day buy could be more profitable.
If you take a sell trade below 17.2, then use 17.2 as stoploss and 15.6 as target. However if you take a buy trade in stock , then use 17.2 as stoploss and 18.54 as target.
Share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Target | 14.20 |
| Downside Target | 15.65 |
| Downside Target | 16.44 |
| Upside Target | 17.86 |
| Upside Target | 18.29 |
| Upside Target | 19.21 |
| Upside Target | 20.16 |
| Upside Target | 20.22 |
| Upside Target | 20.49 |
| Upside Target | 21.02 |
| Upside Target | 21.51 |
Intraday share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Intraday Target | 15.9 |
| Downside Intraday Target | 14.98 |
| Upside Intraday Target | 18.48 |
| Upside Intraday Target | 20.14 |
| Upside Intraday Target | 17.56 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 16.83 | 18.92 | 19.21 | 16.63 | 0.446 times |
| 17 Fri May 2024 | 18.97 | 20.10 | 20.49 | 18.29 | 1.367 times |
| 10 Fri May 2024 | 20.18 | 18.94 | 21.02 | 18.51 | 1.873 times |
| 03 Fri May 2024 | 18.68 | 16.53 | 18.71 | 16.45 | 0.989 times |
| 26 Fri Apr 2024 | 16.64 | 16.43 | 17.86 | 15.93 | 0.815 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 |
| 22 Wed May 2024 | 16.83 | 17.00 | 21.02 | 16.63 | 0.956 times |
| 30 Tue Apr 2024 | 17.05 | 17.64 | 20.22 | 15.65 | 1.004 times |
| 28 Thu Mar 2024 | 17.69 | 16.93 | 18.96 | 14.20 | 1.829 times |
| 29 Thu Feb 2024 | 16.64 | 19.75 | 20.16 | 16.44 | 0.729 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 18.89 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 18.89 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.