Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-01-22 View latest technical analysis

10 day averaged volume of Dredging Corporation is 1279543

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	887.40	856.80	930.00	835.00	0.415 times
19 Fri Jan 2024	851.80	867.00	873.25	825.10	0.212 times
18 Thu Jan 2024	865.45	875.00	885.35	815.35	0.599 times
17 Wed Jan 2024	861.75	800.00	882.95	787.60	1.862 times
16 Tue Jan 2024	816.05	763.00	846.20	757.25	3.271 times
15 Mon Jan 2024	748.40	627.95	748.40	625.65	2.31 times
12 Fri Jan 2024	623.70	625.00	652.30	620.05	0.675 times
11 Thu Jan 2024	620.40	595.00	627.00	594.95	0.659 times
10 Wed Jan 2024	593.60	591.95	595.95	585.05	0.106 times
09 Tue Jan 2024	591.25	593.00	601.70	587.05	0.1 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 917.3, for a target of 785.8 or 676.17

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	561.90
Downside Target	574.00
Downside Target	599.95
Downside Target	621.70
Downside Target	634.90
Downside Target	652.30
Downside Target	835.00
Downside Target	885.35
Upside Target	930.00

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	838.27
Downside Intraday Target	789.13
Upside Intraday Target	933.27
Upside Intraday Target	979.13
Downside Intraday Target	884.13

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	887.40	856.80	930.00	835.00	0.05 times
19 Fri Jan 2024	851.80	627.95	885.35	625.65	4.73 times
12 Fri Jan 2024	623.70	605.30	652.30	585.05	0.862 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

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
22 Mon Jan 2024	887.40	601.00	930.00	585.05	1.141 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 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 gaining momentum.

MACD generated a BUY signal for Dredging Corporation in short term and the buy signal is strong.

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

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 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 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 785.76 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.