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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 2024-12-23 View latest technical analysis

10 day averaged volume of Empresa Distribuidora is 291428

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	44.50	42.33	44.98	41.61	0.514 times
20 Fri Dec 2024	42.27	41.49	42.95	40.08	0.815 times
19 Thu Dec 2024	42.48	43.76	45.77	42.06	1.129 times
18 Wed Dec 2024	42.85	46.77	46.81	42.70	1.318 times
17 Tue Dec 2024	46.82	48.37	48.54	45.65	1.113 times
16 Mon Dec 2024	49.18	49.51	51.69	48.07	1.227 times
13 Fri Dec 2024	49.23	47.96	49.65	47.83	0.776 times
12 Thu Dec 2024	47.85	47.67	49.72	47.00	0.798 times
11 Wed Dec 2024	47.37	45.79	47.44	43.60	0.924 times
10 Tue Dec 2024	45.77	45.50	46.58	43.78	0.974 times

My analysis of stock is bullish for shortterm, and stock might move up till 46.9 or till 51.9. Use a stoploss of 42.73 and if this stock hits its stoploss, then it can fall down till 38.58

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	38.42
Downside Target	40.08
Downside Target	41.61
Downside Target	43.00
Downside Target	43.60
Upside Target	44.98
Upside Target	49.72
Upside Target	51.69

Intraday share price targets for Empresa Distribuidora (EDN)

Target Type	Value
Downside Intraday Target	42.41
Downside Intraday Target	40.33
Upside Intraday Target	45.78
Upside Intraday Target	47.07
Downside Intraday Target	43.7

Weekly technical analysis of Empresa Distribuidora (EDN)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	44.50	42.33	44.98	41.61	0.092 times
20 Fri Dec 2024	42.27	49.51	51.69	40.08	1.274 times
13 Fri Dec 2024	49.23	46.66	49.72	43.60	19.551 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

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
23 Mon Dec 2024	44.50	40.73	51.69	40.08	0.781 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Empresa Distribuidora in short term but the sell signal is initial and weak.

Empresa Distribuidora Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.

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 45.78 and Empresa Distribuidora (EDN) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.