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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 2024-01-11 View latest technical analysis

10 day averaged volume of Dredging Corporation is 375797

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	620.40	595.00	627.00	594.95	2.244 times
10 Wed Jan 2024	593.60	591.95	595.95	585.05	0.362 times
09 Tue Jan 2024	591.25	593.00	601.70	587.05	0.34 times
08 Mon Jan 2024	589.70	605.30	610.40	587.10	0.698 times
05 Fri Jan 2024	604.35	616.00	621.40	600.00	0.58 times
04 Thu Jan 2024	614.85	620.00	630.90	612.05	0.918 times
03 Wed Jan 2024	616.85	623.75	632.80	613.95	0.696 times
02 Tue Jan 2024	624.40	618.00	633.00	602.15	1.449 times
01 Mon Jan 2024	615.30	601.00	634.90	599.95	3.247 times
29 Fri Dec 2023	599.25	597.00	611.70	594.10	0.567 times

Stock of Dredging Corporation (DREDGECORP) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 614.9, but if it comes below 614.9, then a intra day sell could be more profitable.
If you take a sell trade below 614.9, then use 614.9 as stoploss and 596.71 as target. However if you take a buy trade in stock , then use 614.9 as stoploss and 636.7 as target.

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	599.95
Downside Target	617.75
Upside Target	621.70
Upside Target	627.00
Upside Target	628.70
Upside Target	634.90

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	594.63
Downside Intraday Target	568.87
Upside Intraday Target	636.58
Upside Intraday Target	652.77
Downside Intraday Target	610.82

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	620.40	605.30	627.00	585.05	0.529 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 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
11 Thu Jan 2024	620.40	601.00	634.90	585.05	0.284 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Dredging Corporation in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 613.13 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.