Stock analysis Energy Development Company Limited ENERGYDEV
More indepth analysis on MunafaSutra.com
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 |
| 28 Fri Jun 2024 | 23.66 | 22.93 to 23.89 | 3.5% | 2.61 times |
| 27 Thu Jun 2024 | 22.86 | 22.57 to 23.19 | 0.84% | 0.7 times |
| 26 Wed Jun 2024 | 22.67 | 22.51 to 23.45 | -1.31% | 0.84 times |
| 25 Tue Jun 2024 | 22.97 | 22.90 to 23.44 | -0.3% | 0.78 times |
| 24 Mon Jun 2024 | 23.04 | 22.71 to 23.29 | 0.74% | 1.38 times |
| 21 Fri Jun 2024 | 22.87 | 22.32 to 23.00 | 0.4% | 0.91 times |
| 20 Thu Jun 2024 | 22.78 | 22.40 to 23.55 | 0.98% | 1.16 times |
| 19 Wed Jun 2024 | 22.56 | 22.21 to 22.91 | -0.27% | 1.17 times |
| 18 Tue Jun 2024 | 22.62 | 22.51 to 22.94 | -0.62% | 0.81 times |
| 14 Fri Jun 2024 | 22.76 | 22.50 to 23.35 | -0.83% | 1.07 times |
| 13 Thu Jun 2024 | 22.95 | 22.80 to 23.74 | -1.8% | 1.17 times |
| 12 Wed Jun 2024 | 23.37 | 22.30 to 23.37 | 4.99% | 1.9 times |
Technical analysis forecast of Energy Development Company Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Energy Development Company Limited ENERGYDEV at this time. Stock is rising and might rise more.
It appears as if Energy Development Company Limited ENERGYDEV gave a large move recently.
Stock of Energy Development Company Limited (ENERGYDEV) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Energy Development Company Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Energy Development Company Limited stays above 23.5, but if it comes below 23.5, then a intra day sell could be more profitable.
If you take a sell trade below 23.5, then use 23.5 as stoploss and 22.81 as target. However if you take a buy trade in Energy Development Company Limited, then use 23.5 as stoploss and 24.3 as target.