Empresa Distribuidora Y Comercializadora Norte SA (EDN, $35.81) price may drop as it broke higher Bollinger Band on May 13, 2025

#ElectricUtilities, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #SmallCap
EDN - Empresa Distribuidora Y Comercializadora Norte SA
Bollinger signal
Bearish Trend
81%
Odds of DOWN Trend
Price: $35.81
Daily change: +$1.9 (+5.6%)
Daily volume: 98.5K
Capitalization: $1.5B
Industry: Electric Utilities

This price move could be a signal that EDN may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 48 similar cases where EDN's price broke its higher Bollinger Band, and 39 of them led to a successful outcome. Odds of Success: 81%.