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Fell Below 20 Day Moving Average appears for EDN after 3.86% move
EDN closed down 3.86% on Thursday, July 16th, with volume running 0.3× below average. Multiple bearish signals emerged — Fell Below 20 DMA and Fell Below 50 DMA — suggesting potential weakness ahead. Key support levels exist at 24.28, 23.67 & 22.9, with resistance at 25.66, 26.43 & 27.04.
Current SwingTradeBot Technical Rating of EDN: D
There’s more where that came from. See all of today’s signals for EDN here.
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