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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 2024-12-16 View latest technical analysis

10 day averaged volume of Energy Development is 317462

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	32.84	32.84	32.84	32.84	0.308 times
13 Fri Dec 2024	34.57	36.61	37.90	34.57	2.854 times
12 Thu Dec 2024	36.39	35.75	36.39	35.60	0.988 times
11 Wed Dec 2024	34.66	34.66	34.66	34.66	0.402 times
10 Tue Dec 2024	33.01	32.20	33.01	31.72	1.816 times
09 Mon Dec 2024	31.44	30.89	31.44	30.54	0.512 times
06 Fri Dec 2024	29.95	29.30	29.95	28.70	1.988 times
05 Thu Dec 2024	28.53	27.86	28.53	27.42	0.479 times
04 Wed Dec 2024	27.18	27.95	28.49	27.01	0.241 times
03 Tue Dec 2024	27.63	27.25	28.00	27.00	0.434 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.5, but if it comes below 32.5, then a intra day sell could be more profitable.
If you take a sell trade below 32.5, then use 32.5 as stoploss and 29.29 as target. However if you take a buy trade in stock , then use 32.5 as stoploss and 36.3 as target.

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	19.82
Downside Target	23.05
Downside Target	23.61
Downside Target	25.07
Downside Target	26.80
Downside Target	28.18
Downside Target	29.95
Downside Target	30.54
Downside Target	32.64
Downside Target	32.84
Upside Target	37.90

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	32.84
Downside Intraday Target	32.84
Downside Intraday Target	32.84
Downside Intraday Target	32.84
Downside Intraday Target	32.84

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	32.84	32.84	32.84	32.84	0.047 times
13 Fri Dec 2024	34.57	30.89	37.90	30.54	1.916 times
06 Fri Dec 2024	29.95	28.40	29.95	26.80	1.891 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

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
16 Mon Dec 2024	32.84	28.40	37.90	26.80	1.212 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 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 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 Strong and stock is losing momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

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 32.57 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.