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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 2024-01-08 View latest technical analysis

10 day averaged volume of Dredging Corporation is 497845

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	589.70	605.30	610.40	587.10	0.527 times
05 Fri Jan 2024	604.35	616.00	621.40	600.00	0.438 times
04 Thu Jan 2024	614.85	620.00	630.90	612.05	0.693 times
03 Wed Jan 2024	616.85	623.75	632.80	613.95	0.525 times
02 Tue Jan 2024	624.40	618.00	633.00	602.15	1.094 times
01 Mon Jan 2024	615.30	601.00	634.90	599.95	2.451 times
29 Fri Dec 2023	599.25	597.00	611.70	594.10	0.428 times
28 Thu Dec 2023	597.20	596.00	619.20	589.80	0.863 times
27 Wed Dec 2023	593.95	611.00	612.35	588.50	0.649 times
26 Tue Dec 2023	607.80	577.00	621.70	574.00	2.226 times

My analysis of stock is bearish for shortterm, and stock might move down till 576.4 or till 554.5. Use a stoploss of 594.65 and if the stock hits stoploss, then it can shoot up till 612.88

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	587.10
Upside 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	581.07
Downside Intraday Target	572.43
Upside Intraday Target	604.37
Upside Intraday Target	619.03
Upside Intraday Target	595.73

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	589.70	605.30	610.40	587.10	0.101 times
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

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 Mon Jan 2024	589.70	601.00	634.90	587.10	0.204 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 to mid 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 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 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 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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Dredging Corporation in short term and SELL signal is strong!

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 609.15 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.