(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 2024-08-30 View latest technical analysis
10 day averaged volume of Empresa Distribuidora is 61437
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 19.30 | 18.59 | 19.77 | 18.59 | 2.392 times |
| 30 Fri Aug 2024 | 19.30 | 18.59 | 19.77 | 18.59 | 2.391 times |
| 29 Thu Aug 2024 | 18.59 | 18.00 | 18.80 | 17.92 | 1.222 times |
| 28 Wed Aug 2024 | 18.08 | 17.81 | 18.18 | 17.76 | 0.466 times |
| 27 Tue Aug 2024 | 17.73 | 17.63 | 17.90 | 17.36 | 0.53 times |
| 26 Mon Aug 2024 | 17.80 | 17.99 | 18.06 | 17.59 | 0.705 times |
| 23 Fri Aug 2024 | 18.08 | 18.06 | 18.33 | 17.64 | 0.233 times |
| 22 Thu Aug 2024 | 17.69 | 18.50 | 18.50 | 17.50 | 0.692 times |
| 21 Wed Aug 2024 | 18.19 | 19.00 | 19.00 | 18.12 | 0.475 times |
| 20 Tue Aug 2024 | 18.90 | 18.27 | 18.94 | 17.80 | 1.644 times |
Stock of Empresa Distribuidora (EDN) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.7, but if it comes below 18.7, then a intra day sell could be more profitable.
If you take a sell trade below 18.7, then use 18.7 as stoploss and 17.54 as target. However if you take a buy trade in stock , then use 18.7 as stoploss and 20.2 as target.
Share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Target | 13.78 |
| Downside Target | 14.59 |
| Downside Target | 15.48 |
| Downside Target | 16.64 |
| Downside Target | 17.05 |
| Downside Target | 17.76 |
| Downside Target | 18.19 |
| Downside Target | 19.00 |
| Upside Target | 19.77 |
| Upside Target | 20.22 |
| Upside Target | 21.02 |
Intraday share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Intraday Target | 18.67 |
| Downside Intraday Target | 18.04 |
| Upside Intraday Target | 19.85 |
| Upside Intraday Target | 20.4 |
| Downside Intraday Target | 19.22 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 19.30 | 18.59 | 19.77 | 18.59 | 0.45 times |
| 30 Fri Aug 2024 | 19.30 | 17.99 | 19.77 | 17.36 | 1.134 times |
| 23 Fri Aug 2024 | 18.08 | 17.44 | 19.00 | 17.26 | 1.142 times |
| 16 Fri Aug 2024 | 17.29 | 16.72 | 18.19 | 16.64 | 0.555 times |
| 09 Fri Aug 2024 | 17.00 | 15.10 | 17.05 | 13.78 | 2.227 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 |
| 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 |
| 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, and volume has increased substantially. This means that the move can 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 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 stronger in this stock.
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
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 18.75 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 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 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 stronger in this stock.
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
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 18.75 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.