USA - NYSE:EDN - US29244A1025 - ADR
We assign a technical rating of 7 out of 10 to EDN. EDN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although EDN has an excellent technical rating, it does not offer a high quality setup 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.
15.01
3 important support areas can be observed.
We can see 3 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EDN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EDN is up. |
| ChartMill Relative Strength | 71.1 | POSITIVE | EDN has a high relative strength, it outperformed 71.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EDN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EDN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EDN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.42 | NEUTRAL | The RSI value for EDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.91 | POSITIVE | The MACD value suggests EDN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.69 | OVERBOUGHT | The high Stochastics value suggests EDN may be overbought. |
| Average True Range in percent/ATR (20) | 9.31 | HIGH VOLATILITY | The high ATR as a percentage value for EDN suggests high volalility. |
| Average Directional Index/ADX (14) | 39.99 | POSITIVE | The high ADX value value for EDN suggests a strong trend. |
NYSE:EDN (11/7/2025, 8:04:00 PM)
32.69
+0.58 (+1.81%)
ChartMill assigns a technical rating of 7 / 10 to EDN.
The current trend direction for EMP DISTRIB Y COMERC NOR-ADR (EDN) is Bearish.
EMP DISTRIB Y COMERC NOR-ADR (EDN) has an RSI value of 69.419. This indicates that the stock is currently neutral.
The MACD indicator for EMP DISTRIB Y COMERC NOR-ADR (EDN) has a value of 0.906335, indicating a bearish trend.