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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 2024-12-11 View latest technical analysis

10 day averaged volume of Empresa Distribuidora is 151379

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	47.37	45.79	47.44	43.60	1.779 times
10 Tue Dec 2024	45.77	45.50	46.58	43.78	1.875 times
09 Mon Dec 2024	45.54	46.66	47.41	44.57	1.781 times
05 Thu Dec 2024	42.02	40.64	42.02	40.46	0.121 times
04 Wed Dec 2024	41.36	43.00	43.00	41.09	0.168 times
03 Tue Dec 2024	42.18	40.73	42.18	40.70	0.144 times
26 Tue Nov 2024	39.06	38.54	40.60	38.42	1.058 times
26 Tue Nov 2024	39.06	38.54	40.60	38.42	1.058 times
25 Mon Nov 2024	38.17	36.30	38.54	36.00	2.011 times
22 Fri Nov 2024	36.29	36.57	37.25	35.04	0.641 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 48.1, for a target of 42.7 or 38.07

Share price targets for Empresa Distribuidora (EDN)

Target Type	Value
Downside Target	13.78
Downside Target	18.84
Downside Target	19.77
Downside Target	21.37
Downside Target	25.71
Downside Target	29.17
Downside Target	34.44
Downside Target	36.00
Downside Target	37.98
Downside Target	40.46
Downside Target	40.60
Downside Target	43.00
Downside Target	43.60
Upside Target	47.44

Intraday share price targets for Empresa Distribuidora (EDN)

Target Type	Value
Downside Intraday Target	44.83
Downside Intraday Target	42.3
Upside Intraday Target	48.67
Upside Intraday Target	49.98
Downside Intraday Target	46.14

Weekly technical analysis of Empresa Distribuidora (EDN)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	47.37	46.66	47.44	43.60	12.554 times
05 Thu Dec 2024	42.02	40.73	43.00	40.46	0.409 times
26 Tue Nov 2024	39.06	38.54	40.60	38.42	0.345 times
26 Tue Nov 2024	39.06	36.30	40.60	36.00	0.622 times
22 Fri Nov 2024	36.29	34.49	37.98	34.44	0.897 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
11 Wed Dec 2024	47.37	40.73	47.44	40.46	0.222 times
26 Tue Nov 2024	39.06	29.65	40.60	29.30	1.179 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

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 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 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 42.5 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.