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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 2024-11-22 View latest technical analysis

10 day averaged volume of Energy Development is 164986

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	27.06	26.20	27.97	26.11	0.893 times
21 Thu Nov 2024	26.77	27.99	27.99	26.77	2.52 times
19 Tue Nov 2024	28.18	28.18	28.18	28.18	0.522 times
18 Mon Nov 2024	26.84	26.71	26.84	25.41	1.917 times
14 Thu Nov 2024	25.57	24.89	25.57	24.15	0.816 times
13 Wed Nov 2024	24.36	24.96	25.25	24.12	0.511 times
12 Tue Nov 2024	24.67	26.37	26.37	24.25	2.267 times
11 Mon Nov 2024	25.12	25.12	25.12	25.12	0.267 times
08 Fri Nov 2024	23.93	24.40	25.31	23.61	0.313 times
07 Thu Nov 2024	24.74	25.79	25.79	24.15	0.464 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 26.5, but if it comes below 26.5, then a intra day sell could be more profitable.
If you take a sell trade below 26.5, then use 26.5 as stoploss and 24.47 as target. However if you take a buy trade in stock , then use 26.5 as stoploss and 28.9 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	25.20
Downside Target	25.88
Downside Target	26.37
Upside 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	25.59
Downside Intraday Target	24.11
Upside Intraday Target	28.36
Upside Intraday Target	29.65
Downside Intraday Target	26.88

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	27.06	26.71	28.18	25.41	1.516 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, 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
22 Fri Nov 2024	27.06	25.88	28.18	23.61	2.353 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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

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 26 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 positive

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