Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-19 View latest technical analysis

10 day averaged volume of Energy Development is 136816

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	28.18	28.18	28.18	28.18	0.629 times
18 Mon Nov 2024	26.84	26.71	26.84	25.41	2.312 times
14 Thu Nov 2024	25.57	24.89	25.57	24.15	0.984 times
13 Wed Nov 2024	24.36	24.96	25.25	24.12	0.617 times
12 Tue Nov 2024	24.67	26.37	26.37	24.25	2.734 times
11 Mon Nov 2024	25.12	25.12	25.12	25.12	0.322 times
08 Fri Nov 2024	23.93	24.40	25.31	23.61	0.378 times
07 Thu Nov 2024	24.74	25.79	25.79	24.15	0.559 times
06 Wed Nov 2024	25.11	25.78	25.83	24.75	0.485 times
05 Tue Nov 2024	24.60	24.35	25.01	24.01	0.645 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 28.5, for a target of 26 or 23.9

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	25.20
Downside Target	25.88
Downside Target	26.37
Downside Target	28.18
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	26.33
Downside Intraday Target	24.49
Upside Intraday Target	29.1
Upside Intraday Target	30.03
Downside Intraday Target	27.26

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	28.18	26.71	28.18	25.41	0.632 times
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

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
19 Tue Nov 2024	28.18	25.88	28.18	23.61	1.729 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, and volume has increased substantially. This means that the move can 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 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 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 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 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 25.5 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.