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Energy Development Company Limited

ENERGYDEV.NS Technical Analysis Summary (NSE)

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

ENERGYDEV.NS●NSE
UtilitiesRegulated Electric
₹12.79
₹0.79(5.82%)
Indian Market opens in 20h 27m

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.NS Technical Analysis Summary (NSE)

Energy Development Company Limited (NSE: ENERGYDEV.NS) stock currently shows a bearish trend on the NSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.05)
Trend Strength:Very Strong (ADX: 45.86)
Volatility:High (ATR: 0.88)
Support/Resistance:$13.12 – $15.34 (Bollinger Bands)

Technical conditions suggest Energy Development Company Limited on the NSE is awaiting a decisive move. Overall, Energy Development Company Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 29.05

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 28.65

Bearish
Momentum remains weak below midpoint.

Williams %R: -93.97

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -11.91

Strongly Bearish
Sharp downside momentum.

Takeaway:Energy Development Company Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.43

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 45.86

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.88

Low
Low volatility, stable price action.

CCI (14): -193.37

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Energy Development Company Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$15.34
Middle Band (SMA 20)
$14.23
Lower Band
$13.12
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
$15.90
Middle Line (EMA 20)
$14.13
Lower Channel
$12.37
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-446.55K
Money Flow Index24.48Bearish, selling pressure outweighs inflows.
Relative Vigor Index23.09Bearish, price momentum favors sellers.

Overall Takeaway:ENERGYDEV.NS shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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:Energy Development Company Limited shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(NSE: ENERGYDEV.NS) Technical Analysis FAQ