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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)

10 day averaged volume of Energy Deve is 68814

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	20.30	19.85	20.60	19.50	0.907 times
21 Thu Mar 2024	19.65	20.40	20.40	19.50	0.631 times
20 Wed Mar 2024	19.45	19.75	20.50	19.00	0.481 times
19 Tue Mar 2024	19.75	19.30	20.20	18.90	0.685 times
18 Mon Mar 2024	19.40	19.15	20.95	19.10	1.32 times
15 Fri Mar 2024	20.10	21.45	21.45	19.45	1.158 times
14 Thu Mar 2024	20.45	20.30	22.25	20.30	1.339 times
13 Wed Mar 2024	21.35	23.55	23.55	21.35	2.577 times
12 Tue Mar 2024	22.45	22.45	22.45	22.45	0.523 times
11 Mon Mar 2024	21.40	21.40	21.40	21.40	0.962 times

My analysis of stock is bearish for shortterm, and stock might move down till 19.8 or till 18.7. Use a stoploss of 20.75 and if the stock hits stoploss, then it can shoot up till 21.66

Share price targets for Energy Deve (ENERGYDEV_BE)

Target Type	Value
Downside Target	16.35
Downside Target	18.90
Downside Target	19.45
Downside Target	20.00
Upside Target	20.70
Upside Target	22.35
Upside Target	23.55
Upside Target	24.05
Upside Target	24.10
Upside Target	24.25
Upside Target	25.85
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	19.15
Downside Intraday Target	18
Upside Intraday Target	21.2
Upside Intraday Target	22.1
Downside Intraday Target	20.05

Weekly technical analysis of Energy Deve (ENERGYDEV_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	20.30	19.15	20.95	18.90	0.614 times
15 Fri Mar 2024	20.10	21.40	23.55	19.45	3.747 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

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 Deve (ENERGYDEV_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	20.30	21.25	23.55	18.90	1.489 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing 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 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 moving up

CCI has generated a buy signal for Energy Deve 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

Although the stock is in the SELL zone, but selling 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 20.53 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.