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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 2024-10-28 View latest technical analysis

10 day averaged volume of Energy Development is 51001

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	21.33	20.80	21.33	20.69	0.782 times
25 Fri Oct 2024	20.32	20.90	21.20	19.82	1.111 times
24 Thu Oct 2024	20.54	21.70	21.70	20.31	0.953 times
23 Wed Oct 2024	21.09	21.31	21.59	20.42	1.379 times
22 Tue Oct 2024	21.32	22.84	22.84	21.32	1.317 times
21 Mon Oct 2024	22.45	23.30	23.88	22.30	0.82 times
18 Fri Oct 2024	23.28	23.30	24.60	23.06	1.166 times
17 Thu Oct 2024	23.57	24.00	24.45	23.45	0.793 times
16 Wed Oct 2024	23.99	24.69	24.69	23.50	0.621 times
15 Tue Oct 2024	24.28	24.40	24.87	24.00	1.037 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 21.3 as stoploss in an intra day buy trade for a target of 24.7. However, stock will show a bearish move below 21.3.

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	19.82
Downside Target	20.30
Downside Target	21.20
Upside Target	22.20
Upside Target	23.05
Upside Target	23.88
Upside Target	24.87
Upside Target	25.45
Upside Target	28.20
Upside Target	28.35
Upside Target	28.37
Upside Target	32.64

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	20.9
Downside Intraday Target	20.48
Upside Intraday Target	21.54
Upside Intraday Target	21.76
Downside Intraday Target	21.12

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	21.33	20.80	21.33	20.69	0.14 times
25 Fri Oct 2024	20.32	23.30	23.88	19.82	1.262 times
18 Fri Oct 2024	23.28	24.65	24.87	23.06	0.981 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

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
28 Mon Oct 2024	21.33	22.20	25.20	19.82	0.197 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 neutral. A longer time frame might give a better analysis.

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 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 mid to longer 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.

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

MACD generated a SELL signal for Energy Development in short term and the sell signal is strong.

Energy Development Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Energy Development in short term but BUY signal is weak.

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 22.08 and Energy Development (ENERGYDEV) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.