Empresa Distribuidora Y Comercializadora Norte SA (EDN, $30.3) entered Downtrend as Momentum indicator drops below 0 level on Apr 02, 2025

#ElectricUtilities, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap
EDN - Empresa Distribuidora Y Comercializadora Norte SA
Momentum signal
Bearish Trend
82%
Odds of DOWN Trend
Momentum signal
Price: $30.3
Daily change: -$0.9 (-2.88%)
Daily volume: 42K
Capitalization: $1.7B
Industry: Electric Utilities

This indicator may be signaling that EDN's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 93 similar cases where EDN's Momentum Indicator fell below the 0 level, and 76 of them led to a successful outcome. Odds of Success: 82%.