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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 2024-03-13 View latest technical analysis

10 day averaged volume of Energy Deve is 30832

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	21.35	23.55	23.55	21.35	5.752 times
12 Tue Mar 2024	22.45	22.45	22.45	22.45	1.168 times
11 Mon Mar 2024	21.40	21.40	21.40	21.40	2.147 times
07 Thu Mar 2024	20.40	20.40	20.40	20.40	0.721 times
06 Wed Mar 2024	20.00	20.40	20.40	20.00	1.253 times
05 Tue Mar 2024	20.40	20.70	20.70	20.30	1.471 times
04 Mon Mar 2024	20.70	20.70	20.70	20.70	0.463 times
02 Sat Mar 2024	21.10	21.00	21.10	21.00	0.074 times
01 Fri Mar 2024	20.80	21.25	21.25	20.80	1.418 times
29 Thu Feb 2024	21.20	21.30	21.30	21.20	0.646 times

Stock of Energy Deve (ENERGYDEV_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.7 as stoploss in an intra day buy trade for a target of 22.08. However, stock will show a bearish move below 20.7.

Share price targets for Energy Deve (ENERGYDEV_BE)

Target Type	Value
Downside Target	16.35
Downside Target	20.00
Downside Target	20.70
Upside Target	22.35
Upside Target	23.55
Upside Target	24.05
Upside Target	24.25
Upside Target	24.50
Upside Target	25.85
Upside Target	26.50
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	20.62
Downside Intraday Target	19.88
Upside Intraday Target	22.82
Upside Intraday Target	24.28
Upside Intraday Target	22.08

Weekly technical analysis of Energy Deve (ENERGYDEV_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	21.35	21.40	23.55	21.35	2.32 times
07 Thu Mar 2024	20.40	20.70	20.70	20.00	0.898 times
02 Sat Mar 2024	21.10	22.60	22.60	20.80	0.553 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Energy Deve (ENERGYDEV_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	21.35	21.25	23.55	20.00	0.742 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 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 Deve (ENERGYDEV_BE)

Price action analysis of Energy Deve ( (ENERGYDEV_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Energy Deve 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 Deve 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 stronger in this stock.

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 but SELL 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 Deve is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.11 and Energy Deve (ENERGYDEV_BE) 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 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.