EMP DISTRIB Y COMERC NOR-ADR (EDN) Stock Technical Analysis
NYSE:EDN - New York Stock Exchange, Inc. - US29244A1025 - ADR - Currency: USD
Taking everything into account, EDN scores 5 out of 10 in our technical rating. In the last year, EDN was one of the better performers, but we do observe some doubts in the very recent evolution.
EDN is part of the Electric Utilities industry. There are 47 other stocks in this industry. EDN outperforms 93% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, EDN did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
EDN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EDN is lagging the market.
In the last month EDN has a been trading in the 34.66 - 40.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, EDN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 39.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.64, a Stop Loss order could be placed below this zone.
More info and screens
15.01
40.96
5 important support areas can be observed.
- A support zone ranging from 36.07 to 36.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.85 from a trend line in the daily time frame.
- A support zone ranging from 32.97 to 32.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.34 from a trend line in the weekly time frame.
- Support @15.16 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.77 to 40.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.97
Mansfield3.78
10 Day High40.34
10 Day Low35.85
20 Day High40.64
20 Day Low34.66
52 Week High51.69
52 Week Low13.78
Performance
1 Week-7.75%
2 Weeks-8.49%
1 Month1.77%
3 Month1.3%
6 Month103.32%
12 Month93.78%
2 Year298.27%
3 Year459.51%
5 Year724.22%
10 Year175.98%
15 Year444.59%
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)-0.04
RSI(14)43.58
LBB36.71
UBB40.77
NYSE:EDN (2/21/2025, 8:15:05 PM)
36.76
-1.43 (-3.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-3.74%
1 Week-7.75%
2 Weeks-8.49%
1 Month1.77%
3 Month1.3%
6 Month103.32%
12 Month93.78%
2 Year298.27%
3 Year459.51%
5 Year724.22%
10 Year175.98%
15 Year444.59%
Volatility
ATR(14)2.19
ATR(20)%5.82%
ATR Inc-19.47%
Range Today2.24
ADR(20)2.05
ADR(20)%5.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.97
Mansfield3.78
10 Day High40.34
10 Day Low35.85
20 Day High40.64
20 Day Low34.66
52 Week High51.69
52 Week Low13.78
CS1 End36.64
CR1 Start39.77
Volume & EV
DER(3)-1.86%
DER(5)1.27%
Volume283.90K
Volume Incr-41.78%
Vol(5)157.16K
Vol(50)267.43K