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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 2024-07-12 View latest technical analysis

10 day averaged volume of Energy Development is 285348

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	24.91	26.29	26.70	24.84	1.256 times
11 Thu Jul 2024	26.15	26.50	27.89	26.01	1.378 times
10 Wed Jul 2024	26.69	27.15	27.16	25.03	3.397 times
09 Tue Jul 2024	25.87	25.60	25.87	25.14	1.079 times
08 Mon Jul 2024	24.64	23.99	24.64	23.94	1.137 times
05 Fri Jul 2024	23.47	23.16	24.00	23.11	0.627 times
04 Thu Jul 2024	23.16	23.44	23.59	23.05	0.331 times
03 Wed Jul 2024	23.44	23.90	24.23	23.11	0.352 times
02 Tue Jul 2024	23.76	23.79	24.27	23.45	0.273 times
01 Mon Jul 2024	23.63	24.05	24.49	23.54	0.511 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 25 as stoploss in an intra day sell trade for a target of 23.73. However, stock will show a bullish move above 25.

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
Upside 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	23.27
Downside Intraday Target	21.63
Upside Intraday Target	27.22
Upside Intraday Target	29.53
Upside Intraday Target	25.58

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	24.91	23.99	27.89	23.94	3.939 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
12 Fri Jul 2024	24.91	24.05	27.89	23.05	1.302 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Energy Development stock for short term is BUY. Signal strength is Strong 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 but SELL 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 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 25.44 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.