(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 2024-09-06 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 82687
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 21.32 | 20.82 | 21.43 | 20.32 | 0.774 times |
| 05 Thu Sep 2024 | 20.90 | 20.00 | 21.25 | 19.71 | 2.246 times |
| 04 Wed Sep 2024 | 19.93 | 19.23 | 20.00 | 18.84 | 1.245 times |
| 03 Tue Sep 2024 | 18.84 | 19.09 | 19.50 | 18.84 | 0.611 times |
| 30 Fri Aug 2024 | 19.30 | 18.59 | 19.77 | 18.59 | 1.777 times |
| 30 Fri Aug 2024 | 19.30 | 18.59 | 19.77 | 18.59 | 1.777 times |
| 29 Thu Aug 2024 | 18.59 | 18.00 | 18.80 | 17.92 | 0.908 times |
| 28 Wed Aug 2024 | 18.08 | 17.81 | 18.18 | 17.76 | 0.346 times |
| 27 Tue Aug 2024 | 17.73 | 17.63 | 17.90 | 17.36 | 0.394 times |
| 26 Mon Aug 2024 | 17.80 | 17.99 | 18.06 | 17.59 | 0.524 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 21, for a target of 19.6 or 18.46
Share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Target | 13.78 |
| Downside Target | 14.59 |
| Downside Target | 15.48 |
| Downside Target | 16.64 |
| Downside Target | 17.26 |
| Downside Target | 17.76 |
| Downside Target | 18.19 |
| Downside Target | 19.77 |
| Downside Target | 21.02 |
| Upside Target | 21.43 |
Intraday share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Intraday Target | 19.63 |
| Downside Intraday Target | 17.94 |
| Upside Intraday Target | 22.22 |
| Upside Intraday Target | 23.12 |
| Downside Intraday Target | 20.53 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 21.32 | 19.09 | 21.43 | 18.84 | 2.744 times |
| 30 Fri Aug 2024 | 19.30 | 18.59 | 19.77 | 18.59 | 0.45 times |
| 30 Fri Aug 2024 | 19.30 | 17.99 | 19.77 | 17.36 | 1.134 times |
| 23 Fri Aug 2024 | 18.08 | 17.44 | 19.00 | 17.26 | 1.142 times |
| 16 Fri Aug 2024 | 17.29 | 16.72 | 18.19 | 16.64 | 0.555 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Empresa Distribuidora (EDN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 21.32 | 19.09 | 21.43 | 18.84 | 0.264 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 |
| 28 Fri Jun 2024 | 16.39 | 18.38 | 18.38 | 15.48 | 0.471 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Empresa Distribuidora in short term and the buy signal is strong.
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 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 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 19.6 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Empresa Distribuidora in short term and the buy signal is strong.
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 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 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 19.6 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.