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Stock analysis Energy Development Company Limited ENERGYDEV

More indepth analysis on MunafaSutra.com

Moving Averages for Energy Development Company Limited

  • 5Day Average: 19.04
  • 12Day Average: 18.42
  • 20Day Average: 21.6
  • 50Day Average: 24.39
  • 100Day Average: 24.54
  • 150Day Average: 24.18
  • 200Day Average: 23.3

ENERGYDEV Indicators & signals

Indicator MACD (12,26,9)

19.6, 21.63, -2.1
Indicator MACD is in negative zone

Indicator ADX (14)

16.67, 26.49, 37.09
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 36
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of ENERGYDEV Energy Development Company Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Thu Apr 2025 19.38 18.72 to 19.77 1.36% 0.64 times
16 Wed Apr 2025 19.12 19.00 to 19.76 -0.05% 0.45 times
15 Tue Apr 2025 19.13 18.97 to 19.49 1% 1.29 times
11 Fri Apr 2025 18.94 18.43 to 19.67 1.55% 1.42 times
09 Wed Apr 2025 18.65 18.19 to 18.83 1.41% 0.76 times
08 Tue Apr 2025 18.39 18.17 to 18.83 1.71% 0.59 times
07 Mon Apr 2025 18.08 17.26 to 18.88 -4.79% 1.54 times
04 Fri Apr 2025 18.99 18.28 to 19.58 1.82% 1.08 times
03 Thu Apr 2025 18.65 18.00 to 18.65 4.95% 0.94 times
02 Wed Apr 2025 17.77 17.25 to 18.08 3.19% 1.22 times
01 Tue Apr 2025 17.22 16.74 to 17.54 3.05% 0.7 times
28 Fri Mar 2025 16.71 16.40 to 17.39 -1.47% 2.26 times

Technical analysis forecast for Energy Development Company Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Energy Development Company Limited ENERGYDEV at this time. Stock is falling and might fall more.

It appears as if Energy Development Company Limited ENERGYDEV gave a large move recently.

Stock of Energy Development Company Limited (ENERGYDEV) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Energy Development Company Limited is bearish for shortterm, and stock might move down till 14.3 or till 6.4. Use a stoploss of 20.88 and if the stock hits stoploss, then it can shoot up till 27.45

More indepth analysis on MunafaSutra.com