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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.

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Energy Development is 1755541

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	22.30	20.35	22.30	20.35	0.15 times
14 Thu Dec 2023	32.05	36.80	36.80	31.40	1.205 times
13 Wed Dec 2023	34.15	32.40	34.40	30.00	2.956 times
12 Tue Dec 2023	31.35	29.15	31.35	28.50	3.262 times
11 Mon Dec 2023	26.15	22.15	26.15	21.80	1.263 times
08 Fri Dec 2023	21.80	21.95	22.85	21.65	0.422 times
07 Thu Dec 2023	21.65	20.65	22.50	20.05	0.551 times
06 Wed Dec 2023	20.05	19.30	20.40	19.05	0.23 times
05 Tue Dec 2023	19.15	19.15	19.45	19.00	0.058 times
04 Mon Dec 2023	19.15	19.20	19.40	18.95	0.027 times

My analysis of stock is bullish for shortterm, and stock might move up till 26.8 or till 32.5. Use a stoploss of 22.06 and if this stock hits its stoploss, then it can fall down till 17.34

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	16.60
Downside Target	17.30
Downside Target	18.75
Downside Target	19.45
Downside Target	20.35
Downside Target	20.95
Downside Target	21.80
Downside Target	22.30
Upside Target	22.85
Upside Target	23.75
Upside Target	36.80

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	21
Downside Intraday Target	19.7
Upside Intraday Target	22.95
Upside Intraday Target	23.6
Downside Intraday Target	21.65

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	22.30	20.35	22.30	20.35	0.017 times
14 Thu Dec 2023	32.05	22.15	36.80	21.80	6.754 times
08 Fri Dec 2023	21.80	19.20	22.85	18.95	8.892 times
01 Fri Dec 2023	19.05	19.35	19.45	18.75	0.447 times
24 Fri Nov 2023	19.20	20.95	20.95	18.90	0.562 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 Development (ENERGYDEV)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	22.30	20.35	22.30	20.35	0.015 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
31 Tue Oct 2023	17.70	20.00	22.30	16.60	0.357 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 Development (ENERGYDEV)

Price action analysis of Energy Development ( (ENERGYDEV) ) based on a short 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term and selling is picking up 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 Development is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 30.18 and Energy Development (ENERGYDEV) 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 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 positive

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