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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 2024-10-14 View latest technical analysis

10 day averaged volume of Energy Development is 470337

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	24.02	24.65	24.65	23.76	0.087 times
11 Fri Oct 2024	24.07	24.24	25.20	23.90	0.109 times
10 Thu Oct 2024	24.23	24.70	25.00	23.76	0.114 times
09 Wed Oct 2024	24.36	24.74	24.94	24.25	0.111 times
08 Tue Oct 2024	24.25	22.20	24.25	22.20	0.154 times
07 Wed Aug 2024	29.56	29.70	30.84	28.37	0.853 times
06 Tue Aug 2024	29.68	31.61	32.64	29.66	1.41 times
05 Mon Aug 2024	31.23	30.94	32.45	29.39	4.082 times
02 Fri Aug 2024	30.94	29.82	30.94	28.35	1.451 times
01 Thu Aug 2024	29.47	29.09	29.47	28.71	0.598 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24 as stoploss in an intra day buy trade for a target of 26.47. However, stock will show a bearish move below 24.

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	20.30
Downside Target	21.20
Downside Target	22.20
Downside Target	23.05
Downside Target	23.76
Upside Target	24.65
Upside Target	25.20
Upside Target	28.20
Upside Target	28.35
Upside Target	28.37
Upside Target	30.94
Upside Target	32.64

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	23.64
Downside Intraday Target	23.25
Upside Intraday Target	24.53
Upside Intraday Target	25.03
Upside Intraday Target	24.14

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	24.02	24.65	24.65	23.76	0.178 times
11 Fri Oct 2024	24.07	22.20	25.20	22.20	0.077 times
07 Wed Aug 2024	29.56	30.94	32.64	28.37	1.451 times
02 Fri Aug 2024	30.94	27.79	30.94	25.25	2.103 times
26 Fri Jul 2024	26.53	24.21	28.20	23.18	1.413 times

Price has moved down 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
14 Mon Oct 2024	24.02	22.20	25.20	22.20	0.069 times
07 Wed Aug 2024	29.56	29.09	32.64	28.35	0.691 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

Scroll below to view daily charts

Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Energy Development ( (ENERGYDEV) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

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 30.21 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 has given negative 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.