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 of Empresa Distribuidora Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Empresa Distribuidora EDN at this time. Stock is rising and might rise more.

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

Stock of Empresa Distribuidora (EDN) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Empresa Distribuidora is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Empresa Distribuidora 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 Empresa Distribuidora, then use 18.3 as stoploss and 19.5 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: 17.42
  • 12Day Average: 16.91
  • 20Day Average: 17.25
  • 50Day Average: 17.17
  • 100Day Average: 18.07
  • 150Day Average: 16.47
  • 200Day Average: 15.65

EDN Indicators & signals

Indicator MACD (12,26,9)

17.25, 17.27, -0.18
Indicator MACD is in negative zone

Indicator ADX (14)

26.83, 26.53, 15.31
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
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
03 Fri May 2024 18.68 17.34 to 18.71 7.73% 2.49 times
02 Thu May 2024 17.34 17.05 to 17.42 1.58% 0.41 times
01 Wed May 2024 17.07 16.90 to 17.42 0.12% 0.29 times
30 Tue Apr 2024 17.05 16.93 to 17.57 0.41% 0.97 times
29 Mon Apr 2024 16.98 16.45 to 17.22 2.04% 1.41 times
26 Fri Apr 2024 16.64 16.25 to 16.87 1.16% 1.3 times
25 Thu Apr 2024 16.45 15.93 to 16.84 -0.18% 0.59 times
24 Wed Apr 2024 16.48 16.22 to 16.90 -0.9% 1.31 times
23 Tue Apr 2024 16.63 16.52 to 17.86 -4.43% 1.03 times
22 Mon Apr 2024 17.40 16.00 to 17.51 7.81% 1.39 times
19 Fri Apr 2024 16.14 15.95 to 16.62 0.31% 1.29 times
18 Thu Apr 2024 16.09 15.65 to 16.56 -0.56% 1.91 times

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

 

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