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 2025-05-07 View latest technical analysis

10 day averaged volume of Energy Development is 70341

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed May 2025	17.98	17.01	18.04	17.01	0.453 times
06 Tue May 2025	17.34	18.46	18.75	17.11	1.07 times
05 Mon May 2025	18.75	18.47	18.90	18.40	0.337 times
02 Fri May 2025	18.29	18.57	18.98	18.14	0.591 times
30 Wed Apr 2025	18.14	18.63	18.76	17.96	0.871 times
29 Tue Apr 2025	18.80	19.81	20.19	18.40	1.238 times
28 Mon Apr 2025	19.81	19.99	20.48	19.11	1.128 times
25 Fri Apr 2025	19.25	21.01	21.01	19.01	0.994 times
24 Thu Apr 2025	20.10	20.23	21.14	19.91	1.261 times
23 Wed Apr 2025	20.23	20.06	21.10	20.01	1.001 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.2, but if it comes above 18.2, then a intra day buy could be more profitable.
If you take a sell trade below 18.2, then use 18.2 as stoploss and 17.2 as target. However if you take a buy trade in stock , then use 18.2 as stoploss and 19 as target.

Share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Target	16.40
Downside Target	16.74
Downside Target	17.96
Upside Target	18.72
Upside Target	19.48
Upside Target	20.48
Upside Target	21.50
Upside Target	23.61
Upside Target	26.80
Upside Target	28.50
Upside Target	37.90

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type	Value
Downside Intraday Target	17.03
Downside Intraday Target	16.07
Upside Intraday Target	18.92
Upside Intraday Target	19.85
Downside Intraday Target	17.96

Weekly technical analysis of Energy Development (ENERGYDEV)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed May 2025	17.98	18.47	18.90	17.01	0.486 times
02 Fri May 2025	18.29	19.99	20.48	17.96	0.622 times
25 Fri Apr 2025	19.25	19.57	21.50	19.01	4.392 times
17 Thu Apr 2025	19.38	19.00	19.77	18.72	0.552 times
11 Fri Apr 2025	18.94	18.88	19.67	17.26	1.095 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
07 Wed May 2025	17.98	18.57	18.98	17.01	0.157 times
30 Wed Apr 2025	18.14	17.29	21.50	16.74	2.29 times
28 Fri Mar 2025	16.71	18.05	19.48	16.40	0.147 times
16 Mon Dec 2024	32.84	28.40	37.90	26.80	1.212 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Energy Development ( (ENERGYDEV) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Energy Development in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 19 and Energy Development (ENERGYDEV) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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