EDN
Distribution and Marketing·NYSE
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2.91 / 10
Underperform
Technical analysis is underperforming with a score of 2.91/10. Dominant bearish patterns include Dark Cloud Cover (score 1) and MACD Death Cross (score 1), while Long Upper Shadow (score 2.14) is neutral. Only Long Lower Shadow (score 7.5) shows consistent bullishness. Recent indicator counts confirm three bearish versus one bullish signal, aligning with a negative trend summary. This weak technical setup suggests downside risk in the near term, warranting caution for momentum traders.
Analysis Checks(1/4)
Long Upper Shadow
Score2.14/10
Win Rate41.67%
Hist. Signals48
Avg Return0.79%
Score2.14/10
Win Rate41.67%
Hist. Signals48
Avg Return0.79%
MACD Death Cross
Score1/10
Win Rate25.00%
Hist. Signals8
Avg Return-2.52%
Score1/10
Win Rate25.00%
Hist. Signals8
Avg Return-2.52%
Long Lower Shadow
Score7.5/10
Win Rate60.00%
Hist. Signals35
Avg Return4.24%
Score7.5/10
Win Rate60.00%
Hist. Signals35
Avg Return4.24%
Dark Cloud Cover
Score1/10
Win Rate22.22%
Hist. Signals9
Avg Return-2.42%
Score1/10
Win Rate22.22%
Hist. Signals9
Avg Return-2.42%
Long Upper Shadow
Score2.14/10
Win Rate41.67%
Hist. Signals48
Avg Return0.79%
Score2.14/10
Win Rate41.67%
Hist. Signals48
Avg Return0.79%
Long Lower Shadow
Score7.5/10
Win Rate60.00%
Hist. Signals35
Avg Return4.24%
Score7.5/10
Win Rate60.00%
Hist. Signals35
Avg Return4.24%
MACD Death Cross
Score1/10
Win Rate25.00%
Hist. Signals8
Avg Return-2.52%
Score1/10
Win Rate25.00%
Hist. Signals8
Avg Return-2.52%
Dark Cloud Cover
Score1/10
Win Rate22.22%
Hist. Signals9
Avg Return-2.42%
Score1/10
Win Rate22.22%
Hist. Signals9
Avg Return-2.42%
What is the current technical signals for EDN?
- EDN presents a Underperform setup with a Technical Score of 2.91/10. Key technical indicators highlight an RSI of 44.82 and a MACD of -0.50, with the trend anchored by the 50-Day SMA at 30.58. Traders should monitor key support at 25.76 and resistance at 27.37.
