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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.

Showing technical analysis as on 2023-12-27 View latest technical analysis

10 day averaged volume of Dredging Corporation is 739063

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	593.95	611.00	612.35	588.50	0.437 times
26 Tue Dec 2023	607.80	577.00	621.70	574.00	1.499 times
22 Fri Dec 2023	572.95	563.70	585.35	563.70	0.426 times
21 Thu Dec 2023	560.75	551.40	569.40	545.15	0.441 times
20 Wed Dec 2023	551.45	599.55	608.00	548.10	0.599 times
19 Tue Dec 2023	595.25	595.50	617.75	591.15	0.807 times
18 Mon Dec 2023	595.00	592.00	606.90	588.50	0.302 times
15 Fri Dec 2023	593.45	593.10	613.75	588.50	0.486 times
14 Thu Dec 2023	596.45	605.00	608.85	592.15	0.391 times
13 Wed Dec 2023	601.80	597.30	628.70	592.50	2.619 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 596.5 as stoploss in an intra day sell trade for a target of 562.51. However, stock will show a bullish move above 596.5.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	356.65
Downside Target	426.10
Downside Target	450.90
Downside Target	506.50
Downside Target	539.65
Downside Target	561.90
Downside Target	574.00
Downside Target	589.00
Upside Target	617.75
Upside Target	621.70
Upside Target	628.70

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	571.4
Downside Intraday Target	548.85
Upside Intraday Target	619.1
Upside Intraday Target	644.25
Upside Intraday Target	596.55

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	593.95	577.00	621.70	574.00	0.752 times
22 Fri Dec 2023	572.95	592.00	617.75	545.15	0.399 times
15 Fri Dec 2023	593.45	560.55	628.70	552.70	0.934 times
08 Fri Dec 2023	560.30	532.70	589.00	506.50	5.999 times
01 Fri Dec 2023	514.80	529.85	547.00	508.55	0.338 times

Price has moved up 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
27 Wed Dec 2023	593.95	521.45	628.70	506.50	2.448 times
30 Thu Nov 2023	518.90	468.00	547.00	456.00	0.771 times
31 Tue Oct 2023	467.80	476.30	539.65	426.10	1.446 times
29 Fri Sep 2023	476.90	507.40	561.90	450.90	0.201 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Dredging Corporation ( (DREDGECORP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Dredging Corporation ( (DREDGECORP) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Dredging Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Dredging Corporation in short term but SELL 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 593.25 and Dredging Corporation (DREDGECORP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.