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

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

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Energy Deve is 36666

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	20.80	21.25	21.25	20.80	1.192 times
29 Thu Feb 2024	21.20	21.30	21.30	21.20	0.543 times
28 Wed Feb 2024	21.60	21.60	21.60	21.60	0.538 times
27 Tue Feb 2024	22.05	22.50	22.50	22.05	0.656 times
26 Mon Feb 2024	22.50	22.60	22.60	22.50	0.669 times
23 Fri Feb 2024	22.60	22.35	22.60	22.35	3.557 times
22 Thu Feb 2024	22.70	22.70	22.70	22.70	0.587 times
21 Wed Feb 2024	23.15	23.15	23.15	23.15	0.652 times
20 Tue Feb 2024	23.60	23.60	23.60	23.60	1.189 times
19 Mon Feb 2024	24.05	24.05	24.05	24.05	0.633 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.1, but if it comes above 22.1, then a intra day buy could be more profitable.
If you take a sell trade below 22.1, then use 22.1 as stoploss and 19 as target. However if you take a buy trade in stock , then use 22.1 as stoploss and 24.61 as target.

Share price targets for Energy Deve (ENERGYDEV_BE)

Target Type	Value
Downside Target	16.35
Downside Target	20.80
Upside Target	22.35
Upside Target	24.05
Upside Target	25.85
Upside Target	26.50
Upside Target	27.00
Upside Target	27.45
Upside Target	29.20
Upside Target	30.40
Upside Target	31.00
Upside Target	32.30

Intraday share price targets for Energy Deve (ENERGYDEV_BE)

Target Type	Value
Downside Intraday Target	20.2
Downside Intraday Target	19.6
Upside Intraday Target	22
Upside Intraday Target	23.2
Upside Intraday Target	21.4

Weekly technical analysis of Energy Deve (ENERGYDEV_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	20.80	22.60	22.60	20.80	0.544 times
23 Fri Feb 2024	22.60	24.05	24.05	22.35	3.21 times
16 Fri Feb 2024	24.50	26.50	26.50	24.50	0.643 times
09 Fri Feb 2024	27.00	29.20	29.20	27.00	0.348 times
02 Fri Feb 2024	29.80	27.45	31.00	27.45	0.7 times

Price has moved down 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 Deve (ENERGYDEV_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	20.80	21.25	21.25	20.80	0.073 times
29 Thu Feb 2024	21.20	30.40	30.40	21.20	0.232 times
31 Wed Jan 2024	31.00	26.90	31.00	24.25	1.192 times
29 Fri Dec 2023	26.70	32.30	32.30	24.10	1.393 times

Scroll below to view daily charts

Price has moved down 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 Deve (ENERGYDEV_BE)

Price action analysis of Energy Deve ( (ENERGYDEV_BE) ) based on a short 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.

Price action analysis of Energy Deve ( (ENERGYDEV_BE) ) based on a short to mid 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.

Price action analysis of Energy Deve ( (ENERGYDEV_BE) ) 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 Deve stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Energy Deve in short term and the sell signal is strong.

Energy Deve Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Energy Deve in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Energy Deve is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.47 and Energy Deve (ENERGYDEV_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Energy Deve Stock has given negative 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.