EDN NEWS why is Empresa Distribuidora Y Comercializadora Norte S.a. (edenor) price falling or rising

EDN NEWS reasons for why stock price of Empresa Distribuidora Y Comercializadora Norte S.a. (edenor) is falling or rising

EDN Empresa Distribuidora is falling or rising technical reasons

Technical analysis forecast for Empresa Distribuidora Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Empresa Distribuidora EDN at this time. Stock is falling and might fall more.

It appears as if Empresa Distribuidora EDN gave a large move recently.

Stock of Empresa Distribuidora (EDN) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Empresa Distribuidora is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Empresa Distribuidora stays below 32.1, but if it comes above 32.1, then a intra day buy could be more profitable.
If you take a sell trade below 32.1, then use 32.1 as stoploss and 30.4 as target. However if you take a buy trade in Empresa Distribuidora, then use 32.1 as stoploss and 33.51 as target.

EDN Empresa Distribuidora is falling or rising NEWS fundamental reasons

More announcements and NEWS

EDN Empresa Distribuidora Y Comercializadora Norte S.a. (edenor) current price & indicator signals

Moving Averages for Empresa Distribuidora Y Comercializadora Norte S.a. (edenor)

5Day Average: 32.59
12Day Average: 32.47
20Day Average: 33.31
50Day Average: 35.82
100Day Average: 37.56
150Day Average: 32.59
200Day Average: 28.54

EDN Indicators & signals

Indicator MACD (12,26,9)

32.82, 34.02, -1.26
Indicator MACD is in negative zone

Indicator ADX (14)

14.61, 17.76, 23.83
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EDN Empresa Distribuidora Y Comercializadora Norte S.a. (edenor) are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
28 Fri Mar 2025	31.36	31.07 to 32.35	-4.62%	0.59 times
26 Wed Mar 2025	32.88	32.88 to 35.20	-2.35%	0.57 times
24 Mon Mar 2025	33.67	32.93 to 34.78	1.75%	1.84 times
21 Fri Mar 2025	33.09	31.20 to 33.44	3.5%	0.87 times
20 Thu Mar 2025	31.97	31.43 to 32.61	-0.87%	0.65 times
19 Wed Mar 2025	32.25	31.01 to 32.50	5.53%	0.71 times
18 Tue Mar 2025	30.56	30.46 to 32.87	-8.15%	1.08 times
17 Mon Mar 2025	33.27	32.62 to 34.23	0.06%	0.86 times
14 Fri Mar 2025	33.25	31.85 to 33.28	4.49%	0.94 times
13 Thu Mar 2025	31.82	31.63 to 34.09	-5.41%	0.82 times
12 Wed Mar 2025	33.64	31.88 to 33.64	5.55%	1.65 times
11 Tue Mar 2025	31.87	30.59 to 33.48	-1.45%	1.3 times