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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 2024-11-05 View latest technical analysis

10 day averaged volume of Energy Development is 64303

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	24.60	24.35	25.01	24.01	1.373 times
04 Mon Nov 2024	24.34	25.45	25.48	24.16	2.052 times
01 Fri Nov 2024	25.44	25.88	25.88	24.85	1.648 times
31 Thu Oct 2024	24.67	24.67	24.67	23.50	1.496 times
30 Wed Oct 2024	23.50	23.50	23.50	23.50	0.257 times
29 Tue Oct 2024	22.39	22.00	22.39	21.81	0.153 times
28 Mon Oct 2024	21.33	20.80	21.33	20.69	0.62 times
25 Fri Oct 2024	20.32	20.90	21.20	19.82	0.881 times
24 Thu Oct 2024	20.54	21.70	21.70	20.31	0.756 times
23 Wed Oct 2024	21.09	21.31	21.59	20.42	1.093 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 24.7 as stoploss in an intra day sell trade for a target of 23.19. However, stock will show a bullish move above 24.7.

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	19.82
Downside Target	20.30
Downside Target	22.20
Downside Target	23.05
Downside Target	23.88
Upside Target	24.87
Upside Target	25.20
Upside Target	25.48
Upside Target	25.88
Upside Target	28.20
Upside Target	28.35
Upside Target	32.64

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	23.91
Downside Intraday Target	23.23
Upside Intraday Target	25.38
Upside Intraday Target	26.17
Upside Intraday Target	24.7

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	24.60	25.45	25.48	24.01	0.82 times
01 Fri Nov 2024	25.44	20.80	25.88	20.69	0.943 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

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
05 Tue Nov 2024	24.60	25.88	25.88	24.01	0.362 times
31 Thu Oct 2024	24.67	22.20	25.20	19.82	0.229 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

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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Energy Development in short term but the buy signal is initial and weak.

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 red color and prices are in or above the red cloud Prices appear to be moving up

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

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 23.4 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 negative.

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