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Energy Development Company Limited

ENERGYDEV.BO Technical Analysis Summary (BSE)

Analyze ENERGYDEV.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ENERGYDEV.BO●BSE
UtilitiesRegulated Electric
₹13.22
₹0.36(2.65%)
Indian Market opens in 20h 31m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ENERGYDEV.BO Technical Analysis Summary (BSE)

Energy Development Company Limited (BSE: ENERGYDEV.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 35.13)
Trend Strength:Weak (ADX: 19.23)
Volatility:High (ATR: 0.82)
Support/Resistance:$13.27 – $15.21 (Bollinger Bands)

Technical conditions suggest Energy Development Company Limited on the BSE is awaiting a decisive move. Technical conditions suggest Energy Development Company Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 35.13

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.30

Bearish
Momentum remains weak below midpoint.

Williams %R: -73.95

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -9.02

Strongly Bearish
Sharp downside momentum.

Takeaway:Energy Development Company Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.40

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.23

Weak
Weak trend, market trading sideways.

ATR (14): 0.82

Low
Low volatility, stable price action.

CCI (14): -182.16

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Energy Development Company Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$15.21
Middle Band (SMA 20)
$14.24
Lower Band
$13.27
Current Position
Below Lower Band

Takeaway:Energy Development Company Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$15.83
Middle Line (EMA 20)
$14.19
Lower Channel
$12.55
Squeeze Status
Squeeze On

Takeaway:Energy Development Company Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-95.45K
Money Flow Index17.48Bullish, oversold conditions signal rebound potential.
Relative Vigor Index21.11Bearish, price momentum favors sellers.

Overall Takeaway:ENERGYDEV.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Energy Development Company Limited (BSE: ENERGYDEV.BO), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Energy Development Company Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: ENERGYDEV.BO) Technical Analysis FAQ