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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 2024-07-08 View latest technical analysis

10 day averaged volume of Energy Development is 122930

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	24.64	23.99	24.64	23.94	2.639 times
05 Fri Jul 2024	23.47	23.16	24.00	23.11	1.455 times
04 Thu Jul 2024	23.16	23.44	23.59	23.05	0.769 times
03 Wed Jul 2024	23.44	23.90	24.23	23.11	0.817 times
02 Tue Jul 2024	23.76	23.79	24.27	23.45	0.633 times
01 Mon Jul 2024	23.63	24.05	24.49	23.54	1.185 times
28 Fri Jun 2024	23.66	23.25	23.89	22.93	2.127 times
27 Thu Jun 2024	22.86	22.99	23.19	22.57	0.572 times
26 Wed Jun 2024	22.67	23.00	23.45	22.51	0.684 times
25 Tue Jun 2024	22.97	23.44	23.44	22.90	0.634 times

Stock of Energy Development (ENERGYDEV) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 24.3, for a target of 23.6 or 23.08

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	20.30
Downside Target	21.20
Downside Target	21.65
Downside Target	23.55
Downside Target	23.89
Downside Target	23.94
Downside Target	24.49
Downside Target	24.64
Upside Target	25.45
Upside Target	30.00

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	24.17
Downside Intraday Target	23.71
Upside Intraday Target	24.87
Upside Intraday Target	25.11
Downside Intraday Target	24.41

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	24.64	23.99	24.64	23.94	0.543 times
05 Fri Jul 2024	23.47	24.05	24.49	23.05	0.945 times
28 Fri Jun 2024	23.66	23.29	23.89	22.51	1.556 times
21 Fri Jun 2024	22.87	22.85	23.55	22.21	0.675 times
14 Fri Jun 2024	22.76	22.90	23.74	22.00	0.962 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
08 Mon Jul 2024	24.64	24.05	24.64	23.05	0.407 times
28 Fri Jun 2024	23.66	21.95	23.89	20.30	1.269 times
31 Fri May 2024	21.30	25.45	25.45	21.20	0.312 times
30 Tue Apr 2024	25.05	22.45	30.00	21.65	8.071 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Energy Development stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Energy Development in short term and BUY 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

Stock of Energy Development is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.68 and Energy Development (ENERGYDEV) 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 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.