Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ENERGYDEV) Energy Development complete technical analysis [charts+indicators] | Buy/Sell Energy Development | (ENERGYDEV) share price targets

Complete technical analysis of Energy Development (ENERGYDEV) by charts plus indicators, forecast predictions and share price targets for Energy Development (ENERGYDEV)

Energy Development trades in NSE in Electric Utilities sector.

10 day averaged volume of Energy Development is 111772

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	23.04	23.29	23.29	22.71	1.237 times
21 Fri Jun 2024	22.87	22.60	23.00	22.32	0.811 times
20 Thu Jun 2024	22.78	22.54	23.55	22.40	1.042 times
19 Wed Jun 2024	22.56	22.62	22.91	22.21	1.052 times
18 Tue Jun 2024	22.62	22.85	22.94	22.51	0.729 times
14 Fri Jun 2024	22.76	23.35	23.35	22.50	0.96 times
13 Thu Jun 2024	22.95	23.50	23.74	22.80	1.048 times
12 Wed Jun 2024	23.37	22.30	23.37	22.30	1.703 times
11 Tue Jun 2024	22.26	22.45	22.49	22.00	0.618 times
10 Mon Jun 2024	22.13	22.90	22.94	22.00	1.054 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 23, but if it comes below 23, then a intra day sell could be more profitable.
If you take a sell trade below 23, then use 23 as stoploss and 22.39 as target. However if you take a buy trade in stock , then use 23 as stoploss and 23.8 as target.

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	18.80
Downside Target	20.30
Downside Target	21.20
Downside Target	21.65
Downside Target	22.70
Upside Target	23.29
Upside Target	23.55
Upside Target	23.74
Upside Target	23.75
Upside Target	25.45
Upside Target	30.00
Upside Target	36.80

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	22.74
Downside Intraday Target	22.43
Upside Intraday Target	23.32
Upside Intraday Target	23.59
Downside Intraday Target	23.01

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	23.04	23.29	23.29	22.71	0.341 times
21 Fri Jun 2024	22.87	22.85	23.55	22.21	0.675 times
14 Fri Jun 2024	22.76	22.90	23.74	22.00	0.962 times
07 Fri Jun 2024	22.60	21.95	22.70	20.30	1.407 times
31 Fri May 2024	21.30	23.40	23.75	21.20	1.195 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Energy Development (ENERGYDEV)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	23.04	21.95	23.74	20.30	0.993 times
31 Fri May 2024	21.30	25.45	25.45	21.20	0.312 times
30 Tue Apr 2024	25.05	22.45	30.00	21.65	8.071 times
28 Thu Mar 2024	22.00	20.35	22.80	20.35	0.04 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Energy Development (ENERGYDEV)

Price action analysis of Energy Development ( (ENERGYDEV) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Energy Development ( (ENERGYDEV) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Energy Development ( (ENERGYDEV) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Energy Development stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Energy Development in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Energy Development Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Energy Development in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Energy Development is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.8 and Energy Development (ENERGYDEV) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Energy Development (ENERGYDEV) stock. Volume based technical analysis of Energy Development (ENERGYDEV) stock is negative.

Energy Development Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.