(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 2024-08-12 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 65786
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 17.04 | 16.72 | 17.23 | 16.64 | 0.391 times |
| 09 Fri Aug 2024 | 17.00 | 15.99 | 17.05 | 15.99 | 0.646 times |
| 08 Thu Aug 2024 | 15.91 | 15.18 | 16.24 | 15.12 | 1.813 times |
| 07 Wed Aug 2024 | 14.86 | 15.32 | 15.56 | 14.71 | 1.481 times |
| 06 Tue Aug 2024 | 14.80 | 14.35 | 15.57 | 14.35 | 2.113 times |
| 05 Mon Aug 2024 | 14.94 | 15.10 | 15.19 | 13.78 | 0.848 times |
| 02 Fri Aug 2024 | 15.43 | 15.52 | 15.86 | 15.43 | 0.467 times |
| 01 Thu Aug 2024 | 16.07 | 16.40 | 16.40 | 15.80 | 0.417 times |
| 31 Wed Jul 2024 | 16.52 | 16.33 | 16.83 | 16.05 | 0.451 times |
| 30 Tue Jul 2024 | 15.97 | 16.50 | 16.55 | 15.86 | 0.86 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.7, but if it comes below 16.7, then a intra day sell could be more profitable.
If you take a sell trade below 16.7, then use 16.7 as stoploss and 16.07 as target. However if you take a buy trade in stock , then use 16.7 as stoploss and 17.5 as target.
Share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Target | 13.78 |
| Downside Target | 14.59 |
| Downside Target | 15.35 |
| Downside Target | 16.64 |
| Upside Target | 17.18 |
| Upside Target | 17.19 |
| Upside Target | 17.23 |
| Upside Target | 17.76 |
| Upside Target | 18.38 |
| Upside Target | 20.22 |
| Upside Target | 21.02 |
Intraday share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Intraday Target | 16.71 |
| Downside Intraday Target | 16.38 |
| Upside Intraday Target | 17.3 |
| Upside Intraday Target | 17.56 |
| Downside Intraday Target | 16.97 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 17.04 | 16.72 | 17.23 | 16.64 | 0.057 times |
| 09 Fri Aug 2024 | 17.00 | 15.10 | 17.05 | 13.78 | 2.227 times |
| 02 Fri Aug 2024 | 15.43 | 16.68 | 16.95 | 15.43 | 1.555 times |
| 26 Fri Jul 2024 | 16.50 | 16.48 | 17.18 | 15.80 | 0.665 times |
| 19 Fri Jul 2024 | 16.24 | 16.80 | 17.19 | 15.35 | 0.984 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 |
| 12 Mon Aug 2024 | 17.04 | 16.40 | 17.23 | 13.78 | 0.593 times |
| 31 Wed Jul 2024 | 16.52 | 16.24 | 17.76 | 14.59 | 0.748 times |
| 28 Fri Jun 2024 | 16.39 | 18.38 | 18.38 | 15.48 | 0.471 times |
| 31 Fri May 2024 | 18.16 | 17.00 | 21.02 | 15.65 | 1.326 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 15.55 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 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 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 15.55 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 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 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.