Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Empresa Distribuidora is 168050

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	39.06	38.54	40.60	38.42	0.953 times
26 Tue Nov 2024	39.06	38.54	40.60	38.42	0.953 times
25 Mon Nov 2024	38.17	36.30	38.54	36.00	1.811 times
22 Fri Nov 2024	36.29	36.57	37.25	35.04	0.577 times
21 Thu Nov 2024	35.91	36.90	37.98	35.35	1.029 times
20 Wed Nov 2024	36.64	36.76	36.88	35.34	0.609 times
19 Tue Nov 2024	36.77	36.35	37.09	35.25	0.881 times
18 Mon Nov 2024	36.82	34.49	37.40	34.44	1.35 times
15 Fri Nov 2024	34.23	34.94	35.45	33.33	0.982 times
14 Thu Nov 2024	34.76	33.65	35.30	32.71	1.028 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37.1, but if it comes below 37.1, then a intra day sell could be more profitable.
If you take a sell trade below 37.1, then use 37.1 as stoploss and 34.29 as target. However if you take a buy trade in stock , then use 37.1 as stoploss and 40.5 as target.

Share price targets for Empresa Distribuidora (EDN)

Target Type	Value
Downside Target	13.78
Downside Target	14.59
Downside Target	17.76
Downside Target	18.84
Downside Target	19.77
Downside Target	21.37
Downside Target	25.71
Downside Target	29.17
Downside Target	30.74
Downside Target	34.18
Downside Target	35.45
Downside Target	37.98
Downside Target	38.42
Upside Target	40.60

Intraday share price targets for Empresa Distribuidora (EDN)

Target Type	Value
Downside Intraday Target	38.12
Downside Intraday Target	37.18
Upside Intraday Target	40.3
Upside Intraday Target	41.54
Upside Intraday Target	39.36

Weekly technical analysis of Empresa Distribuidora (EDN)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	39.06	38.54	40.60	38.42	0.345 times
26 Tue Nov 2024	39.06	36.30	40.60	36.00	0.622 times
22 Fri Nov 2024	36.29	34.49	37.98	34.44	0.897 times
15 Fri Nov 2024	34.23	31.70	35.45	29.30	0.706 times
08 Fri Nov 2024	32.00	31.11	34.18	30.74	0.777 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
26 Tue Nov 2024	39.06	29.65	40.60	29.30	1.179 times
31 Thu Oct 2024	29.10	22.05	29.17	21.37	1.903 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

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 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Empresa Distribuidora in short term

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 36.88 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.