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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 2024-12-04 View latest technical analysis

10 day averaged volume of Energy Development is 145385

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	27.18	27.95	28.49	27.01	0.526 times
03 Tue Dec 2024	27.63	27.25	28.00	27.00	0.948 times
02 Mon Dec 2024	27.25	28.40	28.40	26.80	0.627 times
29 Fri Nov 2024	27.69	27.49	28.50	27.35	1.041 times
28 Thu Nov 2024	27.26	27.49	27.81	27.06	1.244 times
27 Wed Nov 2024	26.84	26.79	26.84	26.05	0.326 times
26 Tue Nov 2024	25.57	26.22	26.48	25.07	0.571 times
25 Mon Nov 2024	26.21	27.07	27.89	25.98	0.779 times
22 Fri Nov 2024	27.06	26.20	27.97	26.11	1.014 times
21 Thu Nov 2024	26.77	27.99	27.99	26.77	2.86 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 27.4 as stoploss in an intra day sell trade for a target of 26.13. However, stock will show a bullish move above 27.4.

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	19.82
Downside Target	23.05
Downside Target	23.61
Downside Target	24.12
Downside Target	25.07
Downside Target	26.37
Upside Target	28.18
Upside Target	28.35
Upside Target	28.49
Upside Target	28.50
Upside Target	32.64

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	26.49
Downside Intraday Target	25.8
Upside Intraday Target	28.18
Upside Intraday Target	29.18
Upside Intraday Target	27.49

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	27.18	28.40	28.49	26.80	0.53 times
29 Fri Nov 2024	27.69	27.07	28.50	25.07	0.596 times
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

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
04 Wed Dec 2024	27.18	28.40	28.49	26.80	0.113 times
29 Fri Nov 2024	27.69	25.88	28.50	23.61	2.991 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

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 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 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 gaining momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 26.98 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 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 positive

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