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(EnergyDev) Energy Dev complete technical analysis [charts+indicators] | Buy/Sell Energy Dev | (EnergyDev) share price targets

Complete technical analysis of Energy Dev (EnergyDev) by charts plus indicators, forecast predictions and share price targets for Energy Dev (EnergyDev)

Showing technical analysis as on 2022-05-17 View latest technical analysis

10 day averaged volume of Energy Dev is 11547

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 16.80 16.80 16.80 16.45 0.727 times
16 Mon May 2022 16.00 15.70 16.00 15.65 0.615 times
13 Fri May 2022 15.25 16.00 16.20 15.25 2.538 times
12 Thu May 2022 16.05 16.85 16.85 16.05 0.936 times
11 Wed May 2022 16.85 18.50 18.50 16.85 0.929 times
10 Tue May 2022 17.70 17.60 18.50 17.55 1.278 times
09 Mon May 2022 18.40 18.50 18.80 18.00 0.52 times
06 Fri May 2022 18.50 18.60 19.05 18.50 0.632 times
05 Thu May 2022 19.40 20.20 20.20 18.70 0.688 times
04 Wed May 2022 19.30 19.00 19.50 18.85 0.558 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17, but if it comes above 17, then a intra day buy could be more profitable.
If you take a sell trade below 17, then use 17 as stoploss and 14.8 as target. However if you take a buy trade in stock , then use 17 as stoploss and 18.85 as target.

Share price targets for Energy Dev (EnergyDev)

Target Type Value
Downside Target 15.25
Downside Target 15.65
Downside Target 16.30
Downside Target 16.80
Upside Target 18.45
Upside Target 20.15
Upside Target 21.30
Upside Target 22.70
Upside Target 22.95
Upside Target 25.50
Upside Target 26.40
Upside Target 32.55
Upside Target 42.25

Intraday share price targets for Energy Dev (EnergyDev)

Target Type Value
Downside Intraday Target 16.03
Downside Intraday Target 15.27
Upside Intraday Target 17.18
Upside Intraday Target 17.57
Downside Intraday Target 16.42

Weekly technical analysis of Energy Dev (EnergyDev)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 16.80 15.70 16.80 15.65 0.216 times
13 Fri May 2022 15.25 18.50 18.80 15.25 1.948 times
06 Fri May 2022 18.50 19.00 20.20 18.45 0.328 times
29 Fri Apr 2022 19.35 20.85 21.30 19.00 1.009 times
22 Fri Apr 2022 21.25 22.70 22.70 20.15 0.733 times

Price has moved up 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 Dev (EnergyDev)

Date Monthly Closing Price Open High Low Volume
17 Tue May 2022 16.80 19.00 20.20 15.25 0.191 times
29 Fri Apr 2022 19.35 21.55 22.95 19.00 0.959 times
31 Thu Mar 2022 20.95 17.80 26.40 16.30 1.118 times
28 Mon Feb 2022 17.15 27.70 32.55 17.10 0.354 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 Dev (EnergyDev)

Indicator Name Indicator Value Indicator Signal
ADX 15, 32, 35 Sell
MACD -3, -2Sell
Stochastics 15Sell
CCI -49Buy
RSI 53Buy
OBV -234031Sell
VWAP 17Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Energy Dev ( (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 Dev ( (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 Dev ( (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 Dev ( (EnergyDev) ) based on a mid to longer 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.

ADX buy sell signal for Energy Dev stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Energy Dev in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Energy Dev 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Energy Dev in short term but BUY signal is weak.

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

Stock of Energy Dev is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.92 and Energy Dev (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 Dev (EnergyDev) stock. Volume based technical analysis of Energy Dev (EnergyDev) stock is negative.

Energy Dev 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.

Click here for Energy Dev charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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