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(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 2024-11-25 View latest technical analysis

10 day averaged volume of Empresa Distribuidora is 158060

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	38.17	36.30	38.54	36.00	1.926 times
22 Fri Nov 2024	36.29	36.57	37.25	35.04	0.614 times
21 Thu Nov 2024	35.91	36.90	37.98	35.35	1.094 times
20 Wed Nov 2024	36.64	36.76	36.88	35.34	0.648 times
19 Tue Nov 2024	36.77	36.35	37.09	35.25	0.937 times
18 Mon Nov 2024	36.82	34.49	37.40	34.44	1.435 times
15 Fri Nov 2024	34.23	34.94	35.45	33.33	1.045 times
14 Thu Nov 2024	34.76	33.65	35.30	32.71	1.093 times
13 Wed Nov 2024	33.47	32.46	33.89	32.46	0.828 times
12 Tue Nov 2024	32.63	31.23	32.85	30.96	0.724 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36.1, but if it comes below 36.1, then a intra day sell could be more profitable.
If you take a sell trade below 36.1, then use 36.1 as stoploss and 33.13 as target. However if you take a buy trade in stock , then use 36.1 as stoploss and 39.7 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	32.10
Downside Target	34.18
Downside Target	35.45
Downside Target	36.00
Downside Target	37.98
Upside Target	38.54

Intraday share price targets for Empresa Distribuidora (EDN)

Target Type	Value
Downside Intraday Target	36.6
Downside Intraday Target	35.03
Upside Intraday Target	39.14
Upside Intraday Target	40.11
Downside Intraday Target	37.57

Weekly technical analysis of Empresa Distribuidora (EDN)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	38.17	36.30	38.54	36.00	0.407 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
01 Fri Nov 2024	31.12	26.51	32.10	25.91	1.708 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
25 Mon Nov 2024	38.17	29.65	38.54	29.30	1.085 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 neutral. A longer time frame might give a better analysis.

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 and the buying is gaining 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 35.89 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.