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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 2024-04-02 View latest technical analysis

10 day averaged volume of Energy Development is 1777791

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	24.30	24.00	24.50	23.30	0.094 times
01 Mon Apr 2024	23.05	22.45	23.25	22.45	0.063 times
28 Thu Mar 2024	22.00	21.95	22.80	21.25	0.119 times
27 Wed Mar 2024	21.25	22.30	22.30	21.10	0.132 times
26 Tue Mar 2024	22.30	20.35	22.30	20.35	0.148 times
14 Thu Dec 2023	32.05	36.80	36.80	31.40	1.19 times
13 Wed Dec 2023	34.15	32.40	34.40	30.00	2.919 times
12 Tue Dec 2023	31.35	29.15	31.35	28.50	3.222 times
11 Mon Dec 2023	26.15	22.15	26.15	21.80	1.247 times
08 Fri Dec 2023	21.80	21.95	22.85	21.65	0.416 times

My analysis of stock is bullish for shortterm, and stock might move up till 27.2 or till 32.8. Use a stoploss of 22.65 and if this stock hits its stoploss, then it can fall down till 18.05

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	16.60
Downside Target	17.60
Downside Target	18.75
Downside Target	19.45
Downside Target	20.35
Downside Target	21.30
Downside Target	21.80
Downside Target	22.30
Downside Target	22.80
Downside Target	22.85
Upside Target	24.50
Upside Target	36.80

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	23
Downside Intraday Target	21.7
Upside Intraday Target	25.05
Upside Intraday Target	25.8
Downside Intraday Target	23.75

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	24.30	22.45	24.50	22.45	0.393 times
28 Thu Mar 2024	22.00	20.35	22.80	20.35	0.047 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

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
02 Tue Apr 2024	24.30	22.45	24.50	22.45	0.393 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, 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 gaining momentum.

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

Energy Development 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 Development in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 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 30.68 and Energy Development (ENERGYDEV) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.