Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-31 View latest technical analysis

10 day averaged volume of Empresa Distribuidora is 216553

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	42.91	42.59	43.99	42.13	0.605 times
30 Mon Dec 2024	43.07	43.57	43.97	42.52	0.488 times
27 Fri Dec 2024	44.50	44.25	44.50	43.22	0.586 times
26 Thu Dec 2024	44.69	46.27	46.34	44.24	0.424 times
24 Tue Dec 2024	45.89	45.49	46.42	44.76	0.269 times
23 Mon Dec 2024	44.50	42.33	44.98	41.61	0.692 times
20 Fri Dec 2024	42.27	41.49	42.95	40.08	1.097 times
19 Thu Dec 2024	42.48	43.76	45.77	42.06	1.519 times
18 Wed Dec 2024	42.85	46.77	46.81	42.70	1.774 times
17 Tue Dec 2024	46.82	48.37	48.54	45.65	1.498 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 41.8 as stoploss in an intra day buy trade for a target of 44.48. However, stock will show a bearish move below 41.8.

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	40.08
Downside Target	41.61
Upside Target	43.00
Upside Target	43.99
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	42.03
Downside Intraday Target	41.15
Upside Intraday Target	43.89
Upside Intraday Target	44.87
Upside Intraday Target	43.01

Weekly technical analysis of Empresa Distribuidora (EDN)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	42.91	43.57	43.99	42.13	0.554 times
27 Fri Dec 2024	44.50	42.33	46.42	41.61	0.262 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

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
31 Tue Dec 2024	42.91	40.73	51.69	40.08	0.909 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Empresa Distribuidora ( (EDN) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Empresa Distribuidora in short term and SELL 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 43.81 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.