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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 2024-11-14 View latest technical analysis

10 day averaged volume of Energy Development is 111937

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	25.57	24.89	25.57	24.15	1.203 times
13 Wed Nov 2024	24.36	24.96	25.25	24.12	0.754 times
12 Tue Nov 2024	24.67	26.37	26.37	24.25	3.341 times
11 Mon Nov 2024	25.12	25.12	25.12	25.12	0.393 times
08 Fri Nov 2024	23.93	24.40	25.31	23.61	0.462 times
07 Thu Nov 2024	24.74	25.79	25.79	24.15	0.684 times
06 Wed Nov 2024	25.11	25.78	25.83	24.75	0.593 times
05 Tue Nov 2024	24.60	24.35	25.01	24.01	0.789 times
04 Mon Nov 2024	24.34	25.45	25.48	24.16	1.179 times
01 Fri Nov 2024	25.44	25.88	25.88	24.85	0.947 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 25.1, but if it comes below 25.1, then a intra day sell could be more profitable.
If you take a sell trade below 25.1, then use 25.1 as stoploss and 23.44 as target. However if you take a buy trade in stock , then use 25.1 as stoploss and 27.1 as target.

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	19.82
Downside Target	20.30
Downside Target	23.05
Downside Target	23.61
Downside Target	24.87
Upside Target	25.83
Upside Target	25.88
Upside Target	26.37
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	24.34
Downside Intraday Target	23.1
Upside Intraday Target	26.59
Upside Intraday Target	27.6
Downside Intraday Target	25.35

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	25.57	25.12	26.37	24.12	1.536 times
08 Fri Nov 2024	23.93	25.45	25.83	23.61	1.546 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

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
14 Thu Nov 2024	25.57	25.88	26.37	23.61	1.283 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 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 positive zone. This is a BUY 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 24.79 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.