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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 2023-03-17 View latest technical analysis

10 day averaged volume of Energy Dev is 6060

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	16.65	16.15	16.94	16.15	1.257 times
16 Thu Mar 2023	16.56	16.40	16.95	16.01	0.351 times
15 Wed Mar 2023	16.39	16.80	17.10	15.96	1.296 times
14 Tue Mar 2023	16.85	16.45	17.44	16.35	3.024 times
13 Mon Mar 2023	16.93	17.15	17.75	16.82	1.648 times
10 Fri Mar 2023	17.84	18.01	18.55	17.84	0.375 times
09 Thu Mar 2023	18.05	18.35	18.35	18.00	1.3 times
08 Wed Mar 2023	18.21	18.27	18.55	17.90	0.241 times
06 Mon Mar 2023	18.27	18.00	18.68	18.00	0.284 times
03 Fri Mar 2023	18.09	17.85	18.65	17.85	1.338 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.2, but if it comes above 17.2, then a intra day buy could be more profitable.
If you take a sell trade below 17.2, then use 17.2 as stoploss and 16.2 as target. However if you take a buy trade in stock , then use 17.2 as stoploss and 17.91 as target.

Share price targets for Energy Dev (EnergyDev)

Target Type	Value
Downside Target	15.96
Upside Target	16.95
Upside Target	17.75
Upside Target	18.68
Upside Target	19.30
Upside Target	19.55
Upside Target	20.60
Upside Target	21.70
Upside Target	22.30
Upside Target	24.00

Intraday share price targets for Energy Dev (EnergyDev)

Target Type	Value
Downside Intraday Target	15.82
Downside Intraday Target	15
Upside Intraday Target	17.61
Upside Intraday Target	18.58
Upside Intraday Target	16.79

Weekly technical analysis of Energy Dev (EnergyDev)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	16.65	17.15	17.75	15.96	3.444 times
10 Fri Mar 2023	17.84	18.00	18.68	17.84	0.394 times
03 Fri Mar 2023	18.09	18.90	19.55	17.85	0.647 times
24 Fri Feb 2023	18.85	18.50	19.30	17.85	0.394 times
17 Fri Feb 2023	18.85	21.70	21.70	18.30	1.534 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Energy Dev (EnergyDev)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	16.65	18.15	18.68	15.96	0.218 times
28 Tue Feb 2023	18.10	20.25	21.70	17.85	0.606 times
31 Tue Jan 2023	20.00	19.05	22.30	18.05	0.79 times
30 Fri Dec 2022	19.20	19.20	24.00	16.95	1.174 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)

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 gaining momentum.

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

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 below 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 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 Dev is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.17 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.