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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 2024-01-05 View latest technical analysis

10 day averaged volume of Dredging Corporation is 508648

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	604.35	616.00	621.40	600.00	0.429 times
04 Thu Jan 2024	614.85	620.00	630.90	612.05	0.678 times
03 Wed Jan 2024	616.85	623.75	632.80	613.95	0.514 times
02 Tue Jan 2024	624.40	618.00	633.00	602.15	1.07 times
01 Mon Jan 2024	615.30	601.00	634.90	599.95	2.399 times
29 Fri Dec 2023	599.25	597.00	611.70	594.10	0.419 times
28 Thu Dec 2023	597.20	596.00	619.20	589.80	0.845 times
27 Wed Dec 2023	593.95	611.00	612.35	588.50	0.635 times
26 Tue Dec 2023	607.80	577.00	621.70	574.00	2.179 times
22 Fri Dec 2023	572.95	563.70	585.35	563.70	0.62 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 612.9 as stoploss in an intra day sell trade for a target of 593.18. However, stock will show a bullish move above 612.9.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	426.10
Downside Target	450.90
Downside Target	506.50
Downside Target	539.65
Downside Target	574.00
Downside Target	589.00
Downside Target	599.95
Upside Target	617.75
Upside Target	621.70
Upside Target	628.70
Upside Target	634.90

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	591.23
Downside Intraday Target	578.12
Upside Intraday Target	626.18
Upside Intraday Target	648.02
Upside Intraday Target	613.07

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	604.35	601.00	634.90	599.95	1.248 times
29 Fri Dec 2023	599.25	577.00	621.70	574.00	1.09 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

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
05 Fri Jan 2024	604.35	601.00	634.90	599.95	0.186 times
29 Fri Dec 2023	599.25	521.45	628.70	506.50	2.566 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

Scroll below to view daily charts

Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Dredging Corporation ( (DREDGECORP) ) based on a short 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

Stock of Dredging Corporation is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 607.88 and Dredging Corporation (DREDGECORP) stock is trading below this level. This means that stock is falling with high volumes. 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.