(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 2024-10-01 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 71840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 22.22 | 22.05 | 22.92 | 21.92 | 2.432 times |
| 30 Mon Sep 2024 | 22.16 | 22.82 | 23.08 | 21.83 | 1.356 times |
| 27 Fri Sep 2024 | 22.84 | 23.19 | 23.93 | 22.81 | 0.973 times |
| 26 Thu Sep 2024 | 22.85 | 23.43 | 23.51 | 22.77 | 1.353 times |
| 25 Wed Sep 2024 | 23.29 | 24.18 | 24.20 | 23.03 | 0.679 times |
| 24 Tue Sep 2024 | 23.96 | 23.77 | 24.30 | 23.22 | 0.923 times |
| 23 Mon Sep 2024 | 23.77 | 24.34 | 24.57 | 23.30 | 1.008 times |
| 20 Fri Sep 2024 | 24.33 | 25.20 | 25.34 | 24.10 | 0.671 times |
| 19 Thu Sep 2024 | 25.20 | 24.84 | 25.71 | 24.84 | 1.095 times |
| 18 Wed Sep 2024 | 24.71 | 24.59 | 25.03 | 24.03 | 0.561 times |
Stock of Empresa Distribuidora (EDN) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.7 as stoploss in an intra day buy trade for a target of 23.06. However, stock will show a bearish move below 21.7.
Share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Target | 13.78 |
| Downside Target | 14.59 |
| Downside Target | 15.48 |
| Downside Target | 17.76 |
| Downside Target | 18.38 |
| Downside Target | 18.84 |
| Downside Target | 19.77 |
| Downside Target | 21.07 |
| Upside Target | 22.77 |
| Upside Target | 23.37 |
| Upside Target | 24.57 |
| Upside Target | 24.79 |
| Upside Target | 25.71 |
Intraday share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Intraday Target | 21.67 |
| Downside Intraday Target | 21.13 |
| Upside Intraday Target | 22.92 |
| Upside Intraday Target | 23.63 |
| Upside Intraday Target | 22.38 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 22.22 | 22.82 | 23.08 | 21.83 | 0.767 times |
| 27 Fri Sep 2024 | 22.84 | 24.34 | 24.57 | 22.77 | 0.929 times |
| 20 Fri Sep 2024 | 24.33 | 25.04 | 25.71 | 23.37 | 0.696 times |
| 13 Fri Sep 2024 | 24.56 | 21.64 | 24.79 | 21.07 | 1.362 times |
| 06 Fri Sep 2024 | 21.32 | 19.09 | 21.43 | 18.84 | 2.744 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 |
| 01 Tue Oct 2024 | 22.22 | 22.05 | 22.92 | 21.92 | 0.098 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 |
| 31 Wed Jul 2024 | 16.52 | 16.24 | 17.76 | 14.59 | 0.748 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 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 neutral. A longer time frame might give a better analysis.
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 Weak 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Empresa Distribuidora in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 23.25 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 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 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 neutral. A longer time frame might give a better analysis.
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 Weak 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Empresa Distribuidora in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 23.25 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.