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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 2024-12-24 View latest technical analysis

10 day averaged volume of Empresa Distribuidora is 279456

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	45.89	45.49	46.42	44.76	0.208 times
23 Mon Dec 2024	44.50	42.33	44.98	41.61	0.537 times
20 Fri Dec 2024	42.27	41.49	42.95	40.08	0.85 times
19 Thu Dec 2024	42.48	43.76	45.77	42.06	1.177 times
18 Wed Dec 2024	42.85	46.77	46.81	42.70	1.375 times
17 Tue Dec 2024	46.82	48.37	48.54	45.65	1.161 times
16 Mon Dec 2024	49.18	49.51	51.69	48.07	1.28 times
13 Fri Dec 2024	49.23	47.96	49.65	47.83	0.809 times
12 Thu Dec 2024	47.85	47.67	49.72	47.00	0.832 times
11 Wed Dec 2024	47.37	45.79	47.44	43.60	0.964 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 47.1 as stoploss in an intra day sell trade for a target of 43.19. However, stock will show a bullish move above 47.1.

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	46.42
Upside Target	49.72
Upside Target	51.69

Intraday share price targets for Empresa Distribuidora (EDN)

Target Type	Value
Downside Intraday Target	42.86
Downside Intraday Target	39.83
Upside Intraday Target	47.67
Upside Intraday Target	49.45
Downside Intraday Target	44.64

Weekly technical analysis of Empresa Distribuidora (EDN)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	45.89	42.33	46.42	41.61	0.127 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
24 Tue Dec 2024	45.89	40.73	51.69	40.08	0.796 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 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 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 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 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 SELL signal for Empresa Distribuidora in short term but the sell signal is initial and weak.

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. 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 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 45.78 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 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 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.