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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.

10 day averaged volume of Energy Development is 164245

Date Daily Closing Price Open High Low Volume
30 Thu Nov 2023 19.00 19.30 19.30 18.75 0.318 times
29 Wed Nov 2023 19.15 19.25 19.45 19.05 0.328 times
28 Tue Nov 2023 19.05 19.35 19.35 18.90 0.604 times
24 Fri Nov 2023 19.20 19.30 19.60 19.05 0.419 times
23 Thu Nov 2023 19.15 19.20 19.60 19.00 0.409 times
22 Wed Nov 2023 19.10 19.95 20.00 18.90 0.832 times
21 Tue Nov 2023 19.50 20.05 20.05 19.15 0.745 times
20 Mon Nov 2023 19.70 20.95 20.95 19.55 1.054 times
17 Fri Nov 2023 20.40 20.90 20.95 20.25 1.214 times
16 Thu Nov 2023 20.75 20.30 21.30 20.30 3.136 times

My analysis of stock is bearish for shortterm, and stock might move down till 18.6 or till 17.7. Use a stoploss of 19.29 and if the stock hits stoploss, then it can shoot up till 20

Share price targets for Energy Development (ENERGYDEV)

Target Type Value
Downside Target 15.60
Downside Target 16.55
Downside Target 17.30
Downside Target 18.05
Downside Target 18.60
Upside Target 19.45
Upside Target 20.50
Upside Target 20.95
Upside Target 21.30
Upside Target 22.30
Upside Target 23.75

Intraday share price targets for Energy Development (ENERGYDEV)

Target Type Value
Downside Intraday Target 18.68
Downside Intraday Target 18.37
Upside Intraday Target 19.38
Upside Intraday Target 19.77
Upside Intraday Target 19.07

Weekly technical analysis of Energy Development (ENERGYDEV)

Date Weekly Closing Price Open High Low Volume
30 Thu Nov 2023 19.00 19.35 19.45 18.75 0.361 times
24 Fri Nov 2023 19.20 20.95 20.95 18.90 0.562 times
17 Fri Nov 2023 20.40 20.20 21.30 19.45 1.2 times
10 Fri Nov 2023 19.55 18.20 20.50 18.05 2.073 times
03 Fri Nov 2023 18.00 18.00 18.60 17.35 0.832 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
30 Thu Nov 2023 19.00 18.00 21.30 17.60 1.062 times
31 Tue Oct 2023 17.70 20.00 22.30 16.60 0.352 times
29 Fri Sep 2023 20.10 17.45 23.75 17.30 4.214 times
31 Thu Aug 2023 17.70 17.10 18.20 15.60 1.308 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Energy Development Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

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 19.95 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.

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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Energy Development Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

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 19.95 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.

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Daily charts

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