(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 54190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 18.68 | 17.82 | 18.71 | 17.34 | 2.488 times |
| 02 Thu May 2024 | 17.34 | 17.42 | 17.42 | 17.05 | 0.406 times |
| 01 Wed May 2024 | 17.07 | 17.00 | 17.42 | 16.90 | 0.288 times |
| 30 Tue Apr 2024 | 17.05 | 17.18 | 17.57 | 16.93 | 0.974 times |
| 29 Mon Apr 2024 | 16.98 | 16.53 | 17.22 | 16.45 | 1.412 times |
| 26 Fri Apr 2024 | 16.64 | 16.65 | 16.87 | 16.25 | 1.299 times |
| 25 Thu Apr 2024 | 16.45 | 16.15 | 16.84 | 15.93 | 0.594 times |
| 24 Wed Apr 2024 | 16.48 | 16.49 | 16.90 | 16.22 | 1.312 times |
| 23 Tue Apr 2024 | 16.63 | 17.53 | 17.86 | 16.52 | 1.033 times |
| 22 Mon Apr 2024 | 17.40 | 16.43 | 17.51 | 16.00 | 1.39 times |
Stock of Empresa Distribuidora (EDN) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.3, but if it comes below 18.3, then a intra day sell could be more profitable.
If you take a sell trade below 18.3, then use 18.3 as stoploss and 17.25 as target. However if you take a buy trade in stock , then use 18.3 as stoploss and 19.5 as target.
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 | 17.60 |
| Upside Target | 18.71 |
| Upside Target | 18.96 |
| Upside Target | 19.83 |
| Upside Target | 20.16 |
| Upside Target | 20.22 |
| Upside Target | 21.51 |
Intraday share price targets for Empresa Distribuidora (EDN)
| Target Type | Value |
| Downside Intraday Target | 17.18 |
| Downside Intraday Target | 15.69 |
| Upside Intraday Target | 19.44 |
| Upside Intraday Target | 20.21 |
| Downside Intraday Target | 17.95 |
Weekly technical analysis of Empresa Distribuidora (EDN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 05 Fri Apr 2024 | 19.30 | 17.64 | 19.83 | 17.60 | 3.134 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 |
| 03 Fri May 2024 | 18.68 | 17.00 | 18.71 | 16.90 | 0.089 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 but the buy signal is initial and weak.
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 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 17.27 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 but the buy signal is initial and weak.
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 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 17.27 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.