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(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 243155

Date Daily Closing Price Open High Low Volume
24 Wed Apr 2024 24.05 22.95 24.05 22.95 0.795 times
23 Tue Apr 2024 22.95 23.45 23.60 22.25 1.602 times
22 Mon Apr 2024 23.40 24.00 24.75 23.05 0.9 times
19 Fri Apr 2024 23.60 24.20 24.20 23.30 0.674 times
18 Thu Apr 2024 24.40 24.40 24.90 24.05 1.372 times
16 Tue Apr 2024 23.75 21.65 23.75 21.65 0.673 times
15 Mon Apr 2024 22.65 23.40 23.40 22.65 0.964 times
12 Fri Apr 2024 23.80 24.40 25.20 23.75 0.652 times
10 Wed Apr 2024 24.45 24.50 26.25 24.10 2.551 times
09 Tue Apr 2024 25.20 25.20 25.20 25.20 0.343 times

My analysis of stock is bearish for shortterm, and stock might move down till 22.1 or till 19. Use a stoploss of 24.68 and if the stock hits stoploss, then it can shoot up till 27.27

Share price targets for Energy Development (ENERGYDEV)

Target Type Value
Downside Target 16.60
Downside Target 17.60
Downside Target 18.80
Downside Target 20.35
Downside Target 21.30
Downside Target 22.25
Downside Target 23.75
Upside Target 24.75
Upside Target 24.90
Upside Target 26.50
Upside Target 30.00
Upside Target 36.80

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type Value
Downside Intraday Target 22.62
Downside Intraday Target 21.18
Upside Intraday Target 25.12
Upside Intraday Target 26.18
Downside Intraday Target 23.68

Weekly technical analysis of Energy Development (ENERGYDEV)

Date Weekly Closing Price Open High Low Volume
24 Wed Apr 2024 24.05 24.00 24.75 22.25 0.895 times
19 Fri Apr 2024 23.60 23.40 24.90 21.65 0.965 times
12 Fri Apr 2024 23.80 26.50 26.50 23.75 0.371 times
05 Fri Apr 2024 27.90 22.45 30.00 22.45 3.524 times
28 Thu Mar 2024 22.00 20.35 22.80 20.35 0.047 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 Wed Apr 2024 24.05 22.45 30.00 21.65 7.224 times
28 Thu Mar 2024 22.00 20.35 22.80 20.35 0.04 times
14 Thu Dec 2023 32.05 18.80 36.80 18.80 6.034 times
30 Thu Nov 2023 19.00 18.00 21.30 17.60 1.062 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Energy Development stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Energy Development in short term but BUY signal is weak.

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 23.82 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 falling down

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 has given negative returns over a short term period. Returns for a longer term period have been positive

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

Price action analysis of Energy Development ( (ENERGYDEV) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Energy Development stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Energy Development in short term but BUY signal is weak.

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 23.82 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 falling down

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 has given negative returns over a short term period. Returns for a longer term period have been positive

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

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Daily charts

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