(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 2024-08-09 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 63076
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 17.00 | 15.99 | 17.05 | 15.99 | 0.674 times |
| 08 Thu Aug 2024 | 15.91 | 15.18 | 16.24 | 15.12 | 1.891 times |
| 07 Wed Aug 2024 | 14.86 | 15.32 | 15.56 | 14.71 | 1.544 times |
| 06 Tue Aug 2024 | 14.80 | 14.35 | 15.57 | 14.35 | 2.204 times |
| 05 Mon Aug 2024 | 14.94 | 15.10 | 15.19 | 13.78 | 0.885 times |
| 02 Fri Aug 2024 | 15.43 | 15.52 | 15.86 | 15.43 | 0.487 times |
| 01 Thu Aug 2024 | 16.07 | 16.40 | 16.40 | 15.80 | 0.434 times |
| 31 Wed Jul 2024 | 16.52 | 16.33 | 16.83 | 16.05 | 0.471 times |
| 30 Tue Jul 2024 | 15.97 | 16.50 | 16.55 | 15.86 | 0.897 times |
| 29 Mon Jul 2024 | 16.26 | 16.68 | 16.95 | 16.01 | 0.943 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.7, but if it comes below 16.7, then a intra day sell could be more profitable.
If you take a sell trade below 16.7, then use 16.7 as stoploss and 16.04 as target. However if you take a buy trade in stock , then use 16.7 as stoploss and 17.4 as target.
Share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Target | 13.78 |
| Downside Target | 14.59 |
| Downside Target | 15.35 |
| Downside Target | 16.95 |
| Upside Target | 17.05 |
| Upside Target | 17.18 |
| Upside Target | 17.19 |
| Upside Target | 17.76 |
| Upside Target | 18.38 |
| Upside Target | 20.22 |
| Upside Target | 21.02 |
Intraday share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Intraday Target | 14.84 |
| Downside Intraday Target | 12.67 |
| Upside Intraday Target | 18.11 |
| Upside Intraday Target | 19.21 |
| Downside Intraday Target | 15.94 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 17.00 | 15.10 | 17.05 | 13.78 | 2.227 times |
| 02 Fri Aug 2024 | 15.43 | 16.68 | 16.95 | 15.43 | 1.555 times |
| 26 Fri Jul 2024 | 16.50 | 16.48 | 17.18 | 15.80 | 0.665 times |
| 19 Fri Jul 2024 | 16.24 | 16.80 | 17.19 | 15.35 | 0.984 times |
| 12 Fri Jul 2024 | 17.02 | 15.93 | 17.76 | 15.54 | 2.2 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 |
| 09 Fri Aug 2024 | 17.00 | 16.40 | 17.05 | 13.78 | 0.565 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 |
| 31 Fri May 2024 | 18.16 | 17.00 | 21.02 | 15.65 | 1.326 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a mid to longer 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.
ADX buy sell signal for Empresa Distribuidora stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 15.56 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Empresa Distribuidora ( (EDN) ) based on a mid to longer 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.
ADX buy sell signal for Empresa Distribuidora stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 15.56 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.