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(DREDGECORP) Dredging Corporation complete technical analysis [charts+indicators] | Buy/Sell Dredging Corporation | (DREDGECORP) share price targets

Complete technical analysis of Dredging Corporation (DREDGECORP) by charts plus indicators, forecast predictions and share price targets for Dredging Corporation (DREDGECORP)

Dredging Corporation trades in NSE in Shipping sector.

10 day averaged volume of Dredging Corporation is 87600

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	767.00	753.00	776.20	744.75	0.497 times
07 Tue May 2024	751.25	772.75	772.75	732.25	0.676 times
06 Mon May 2024	756.40	790.15	796.65	751.00	0.853 times
03 Fri May 2024	789.35	816.85	816.85	781.60	0.754 times
02 Thu May 2024	809.90	792.00	820.00	792.00	1.245 times
30 Tue Apr 2024	783.65	812.00	818.75	780.00	0.814 times
29 Mon Apr 2024	809.40	832.25	838.00	806.05	0.612 times
26 Fri Apr 2024	824.70	825.00	848.80	820.05	0.905 times
25 Thu Apr 2024	830.65	850.00	862.55	801.75	1.303 times
24 Wed Apr 2024	843.95	830.90	855.85	827.00	1.581 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 775.8, but if it comes above 775.8, then a intra day buy could be more profitable.
If you take a sell trade below 775.8, then use 775.8 as stoploss and 731.3 as target. However if you take a buy trade in stock , then use 775.8 as stoploss and 812.85 as target.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	456.00
Downside Target	506.50
Downside Target	547.00
Downside Target	585.05
Downside Target	628.70
Downside Target	732.25
Downside Target	752.75
Upside Target	780.00
Upside Target	820.00
Upside Target	838.00
Upside Target	848.40
Upside Target	862.55
Upside Target	930.00

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	733.95
Downside Intraday Target	700.9
Upside Intraday Target	798.35
Upside Intraday Target	829.7
Downside Intraday Target	765.3

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	767.00	790.15	796.65	732.25	0.591 times
03 Fri May 2024	789.35	832.25	838.00	780.00	0.679 times
26 Fri Apr 2024	824.70	819.85	862.55	801.75	0.786 times
30 Tue Jan 2024	776.90	823.55	848.40	752.75	0.438 times
25 Thu Jan 2024	815.45	856.80	930.00	781.20	0.121 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Dredging Corporation (DREDGECORP)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	767.00	792.00	820.00	732.25	0.622 times
30 Tue Apr 2024	783.65	819.85	862.55	780.00	0.033 times
30 Tue Jan 2024	776.90	601.00	930.00	585.05	1.235 times
29 Fri Dec 2023	599.25	521.45	628.70	506.50	2.566 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 Dredging Corporation (DREDGECORP)

Price action analysis of Dredging Corporation ( (DREDGECORP) ) 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 Dredging Corporation ( (DREDGECORP) ) 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 Dredging Corporation ( (DREDGECORP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Dredging Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Dredging Corporation in short term but the sell signal is initial and weak.

Dredging Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Dredging Corporation 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 Dredging Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 804.54 and Dredging Corporation (DREDGECORP) 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 Dredging Corporation (DREDGECORP) stock. Volume based technical analysis of Dredging Corporation (DREDGECORP) stock is negative.

Dredging Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.