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Is EDN building bearish momentum? Slingshot Bearish shows up after slipping 4.08%
EDN closed down 4.08% on Tuesday, August 11th, with volume running 1.9× above average. Multiple bearish signals emerged — Lower Bollinger Band Walk, Slingshot Bearish, Reversal New Lows Setup & Expansion Breakdown — suggesting potential weakness ahead. Key support levels exist at 22.08, 21.12 & 19.66, with resistance at 24.5, 25.96 & 26.92. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of EDN: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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