EMP DISTRIB Y COMERC NOR-ADR (EDN)

US29244A1025 - ADR

47  +4.09 (+9.53%)

After market: 47 0 (0%)

Technical Rating and Analysis

10

Overall EDN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, EDN has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, EDN did better than 97% of all other stocks.
EDN is one of the better performing stocks in the Electric Utilities industry, it outperforms 100% of 46 stocks in the same industry.
EDN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EDN is performing more or less in line with the market.
In the last month EDN has a been trading in the 39.68 - 51.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EDN Weekly chart
EDN Daily chart
Setup Rating and Analysis

6

Although EDN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

30.60

47.47

We found 2 important support areas.

  • A support zone ranging from 42.26 to 42.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @30.91 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.57
Mansfield9.4
10 Day High47.94
10 Day Low40.08
20 Day High51.69
20 Day Low39.68
52 Week High51.69
52 Week Low13.78
Performance
1 Week2.42%
2 Weeks0.38%
1 Month11.53%
3 Month110.1%
6 Month202.25%
12 Month155.57%
2 Year410.87%
3 Year724.56%
5 Year805.59%
10 Year370%
15 Year524.17%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.6
RSI(14)62.6
LBB40.51
UBB49.95
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
47.9542.255.70 (11.89%)8.41%
An entry @47.95. This is a Buy Stop order right above the 10 day high.An exit @42.25. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 5.70 points, which is 11.89%.For a 1.00% total portfolio risk, you can invest 8.41% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EDN Daily chart

EMP DISTRIB Y COMERC NOR-ADR

NYSE:EDN (1/2/2025, 4:15:00 PM)

After market: 47 0 (0%)

47

+4.09 (+9.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg9.53%
1 Week2.42%
2 Weeks0.38%
1 Month11.53%
3 Month110.1%
6 Month202.25%
12 Month155.57%
2 Year410.87%
3 Year724.56%
5 Year805.59%
10 Year370%
15 Year524.17%
Volatility
ATR(14)2.88
ATR(20)%6.37%
ATR Inc20.35%
Range Today4.96
ADR(20)2.91
ADR(20)%6.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.57
Mansfield9.4
10 Day High47.94
10 Day Low40.08
20 Day High51.69
20 Day Low39.68
52 Week High51.69
52 Week Low13.78
CS1 End42.26
CR1 StartN/A
Volume & EV
DER(3)-0.35%
DER(5)-1.85%
Volume400.14K
Volume Incr-30.7%
Vol(5)172.11K
Vol(50)223.74K