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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 2024-07-11 View latest technical analysis

10 day averaged volume of Energy Development is 253046

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	26.15	26.50	27.89	26.01	1.554 times
10 Wed Jul 2024	26.69	27.15	27.16	25.03	3.83 times
09 Tue Jul 2024	25.87	25.60	25.87	25.14	1.216 times
08 Mon Jul 2024	24.64	23.99	24.64	23.94	1.282 times
05 Fri Jul 2024	23.47	23.16	24.00	23.11	0.707 times
04 Thu Jul 2024	23.16	23.44	23.59	23.05	0.374 times
03 Wed Jul 2024	23.44	23.90	24.23	23.11	0.397 times
02 Tue Jul 2024	23.76	23.79	24.27	23.45	0.307 times
01 Mon Jul 2024	23.63	24.05	24.49	23.54	0.576 times
28 Fri Jun 2024	23.66	23.25	23.89	22.93	1.033 times

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 26.3, for a target of 24.8 or 23.63

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	25.45
Upside Target	27.89
Upside Target	30.00

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	24.1
Downside Intraday Target	22.04
Upside Intraday Target	28.05
Upside Intraday Target	29.94
Downside Intraday Target	25.99

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	26.15	23.99	27.89	23.94	3.34 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Energy Development (ENERGYDEV)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	26.15	24.05	27.89	23.05	1.144 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 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 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 25.35 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.