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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 2024-08-01 View latest technical analysis

10 day averaged volume of Energy Development is 233869

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	29.47	29.09	29.47	28.71	1.203 times
31 Wed Jul 2024	28.07	28.07	28.07	26.74	2.245 times
30 Tue Jul 2024	26.74	25.65	26.74	25.65	1.299 times
29 Mon Jul 2024	25.47	27.79	27.79	25.25	1.128 times
26 Fri Jul 2024	26.53	28.00	28.20	26.10	1.727 times
25 Thu Jul 2024	27.18	27.18	27.18	26.51	0.933 times
24 Wed Jul 2024	25.89	25.79	25.89	25.79	0.307 times
23 Tue Jul 2024	24.66	23.67	24.66	23.53	0.572 times
22 Mon Jul 2024	23.49	24.21	24.62	23.18	0.644 times
19 Fri Jul 2024	24.21	25.26	25.29	23.99	0.528 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 29, for a target of 27.2 or 25.64

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	20.30
Downside Target	21.20
Downside Target	21.65
Downside Target	23.05
Downside Target	23.89
Downside Target	24.49
Downside Target	25.25
Downside Target	26.19
Downside Target	27.89
Downside Target	28.20
Downside Target	28.71
Downside Target	29.47
Upside Target	30.00

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	26.66
Downside Intraday Target	23.84
Upside Intraday Target	30.88
Upside Intraday Target	32.28
Downside Intraday Target	28.06

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	29.47	27.79	29.47	25.25	1.405 times
26 Fri Jul 2024	26.53	24.21	28.20	23.18	1.413 times
19 Fri Jul 2024	24.21	25.09	26.19	23.99	0.294 times
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

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
01 Thu Aug 2024	29.47	29.09	29.47	28.71	0.049 times
31 Wed Jul 2024	28.07	24.05	28.20	23.05	2.522 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

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 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 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 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 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 negative zone. This is the SELL 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 26.74 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.