(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.
10 day averaged volume of Empresa Distribuidora is 80310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 20.05 | 20.53 | 20.77 | 19.30 | 1.3 times |
| 08 Wed May 2024 | 20.00 | 20.06 | 21.02 | 18.51 | 1.402 times |
| 07 Tue May 2024 | 20.20 | 20.86 | 20.99 | 19.96 | 1.527 times |
| 06 Mon May 2024 | 20.19 | 18.94 | 20.39 | 18.94 | 2.037 times |
| 03 Fri May 2024 | 18.68 | 17.82 | 18.71 | 17.34 | 1.678 times |
| 02 Thu May 2024 | 17.34 | 17.42 | 17.42 | 17.05 | 0.274 times |
| 01 Wed May 2024 | 17.07 | 17.00 | 17.42 | 16.90 | 0.194 times |
| 30 Tue Apr 2024 | 17.05 | 17.18 | 17.57 | 16.93 | 0.657 times |
| 29 Mon Apr 2024 | 16.98 | 16.53 | 17.22 | 16.45 | 0.953 times |
| 26 Fri Apr 2024 | 16.64 | 16.65 | 16.87 | 16.25 | 0.877 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 20.6, for a target of 18.9 or 17.5
Share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Target | 14.20 |
| Downside Target | 15.65 |
| Downside Target | 16.44 |
| Downside Target | 16.90 |
| Downside Target | 17.86 |
| Downside Target | 18.51 |
| Downside Target | 18.96 |
| Upside Target | 20.16 |
| Upside Target | 20.22 |
| Upside Target | 21.02 |
| Upside Target | 21.51 |
Intraday share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Intraday Target | 18.7 |
| Downside Intraday Target | 17.35 |
| Upside Intraday Target | 21.21 |
| Upside Intraday Target | 22.37 |
| Downside Intraday Target | 19.86 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 20.05 | 18.94 | 21.02 | 18.51 | 1.668 times |
| 03 Fri May 2024 | 18.68 | 16.53 | 18.71 | 16.45 | 0.989 times |
| 26 Fri Apr 2024 | 16.64 | 16.43 | 17.86 | 15.93 | 0.815 times |
| 19 Fri Apr 2024 | 16.14 | 17.88 | 17.99 | 15.65 | 0.669 times |
| 12 Fri Apr 2024 | 17.51 | 19.69 | 20.22 | 17.19 | 0.98 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 Thu May 2024 | 20.05 | 17.00 | 21.02 | 16.90 | 0.348 times |
| 30 Tue Apr 2024 | 17.05 | 17.64 | 20.22 | 15.65 | 1.004 times |
| 28 Thu Mar 2024 | 17.69 | 16.93 | 18.96 | 14.20 | 1.829 times |
| 29 Thu Feb 2024 | 16.64 | 19.75 | 20.16 | 16.44 | 0.729 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 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 tired and bears are picking up momentum.
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 but buying is losing 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 19.03 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 tired and bears are picking up momentum.
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 but buying is losing 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 19.03 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.