(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 2024-07-12 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 42270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 17.02 | 17.35 | 17.55 | 16.79 | 0.8 times |
| 11 Thu Jul 2024 | 17.50 | 17.00 | 17.76 | 17.00 | 1.337 times |
| 10 Wed Jul 2024 | 16.97 | 15.93 | 17.00 | 15.93 | 0.603 times |
| 09 Tue Jul 2024 | 16.10 | 15.63 | 16.25 | 15.54 | 1.334 times |
| 08 Mon Jul 2024 | 15.79 | 15.93 | 15.94 | 15.54 | 0.667 times |
| 05 Fri Jul 2024 | 15.55 | 15.38 | 16.15 | 15.32 | 1.746 times |
| 03 Wed Jul 2024 | 15.55 | 15.19 | 15.71 | 15.19 | 0.409 times |
| 03 Wed Jul 2024 | 15.55 | 15.19 | 15.71 | 15.19 | 0.409 times |
| 02 Tue Jul 2024 | 15.08 | 14.89 | 15.43 | 14.59 | 1.053 times |
| 01 Mon Jul 2024 | 14.96 | 16.24 | 16.24 | 14.82 | 1.876 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.8, but if it comes below 16.8, then a intra day sell could be more profitable.
If you take a sell trade below 16.8, then use 16.8 as stoploss and 16.19 as target. However if you take a buy trade in stock , then use 16.8 as stoploss and 17.6 as target.
Share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Target | 14.20 |
| Downside Target | 14.59 |
| Downside Target | 15.19 |
| Downside Target | 16.15 |
| Downside Target | 17.02 |
| Upside Target | 17.11 |
| Upside Target | 17.76 |
| Upside Target | 18.38 |
| Upside Target | 18.96 |
| Upside Target | 20.22 |
| Upside Target | 21.02 |
Intraday share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Intraday Target | 15.79 |
| Downside Intraday Target | 14.55 |
| Upside Intraday Target | 18.01 |
| Upside Intraday Target | 18.99 |
| Downside Intraday Target | 16.77 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 17.02 | 15.93 | 17.76 | 15.54 | 2.2 times |
| 05 Fri Jul 2024 | 15.55 | 15.19 | 16.15 | 15.19 | 0.646 times |
| 03 Wed Jul 2024 | 15.55 | 16.24 | 16.24 | 14.59 | 0.806 times |
| 28 Fri Jun 2024 | 16.39 | 15.98 | 17.11 | 15.83 | 1.368 times |
| 21 Fri Jun 2024 | 15.78 | 16.12 | 17.02 | 15.58 | 1.81 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 |
| 12 Fri Jul 2024 | 17.02 | 16.24 | 17.76 | 14.59 | 0.357 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 |
| 30 Tue Apr 2024 | 17.05 | 17.64 | 20.22 | 15.65 | 1.004 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 neutral. A longer time frame might give a better analysis.
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 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 coming down
CCI has generated a SELL signal for Empresa Distribuidora in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 15.93 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 coming down
CCI has generated a SELL signal for Empresa Distribuidora in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 15.93 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.