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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 2024-05-07 View latest technical analysis

10 day averaged volume of Dredging Corporation is 100592

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	751.25	772.75	772.75	732.25	0.588 times
06 Mon May 2024	756.40	790.15	796.65	751.00	0.743 times
03 Fri May 2024	789.35	816.85	816.85	781.60	0.657 times
02 Thu May 2024	809.90	792.00	820.00	792.00	1.084 times
30 Tue Apr 2024	783.65	812.00	818.75	780.00	0.709 times
29 Mon Apr 2024	809.40	832.25	838.00	806.05	0.533 times
26 Fri Apr 2024	824.70	825.00	848.80	820.05	0.788 times
25 Thu Apr 2024	830.65	850.00	862.55	801.75	1.135 times
24 Wed Apr 2024	843.95	830.90	855.85	827.00	1.377 times
23 Tue Apr 2024	824.30	819.85	844.00	809.95	1.095 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 737.1, for a target of 779.8 or 815.3

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	456.00
Downside Target	506.50
Downside Target	547.00
Downside Target	585.05
Downside Target	628.70
Downside Target	732.25
Upside Target	752.75
Upside Target	780.00
Upside Target	820.00
Upside Target	838.00
Upside Target	848.40
Upside Target	862.55
Upside Target	930.00

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	723.45
Downside Intraday Target	695.65
Upside Intraday Target	787.85
Upside Intraday Target	824.45
Upside Intraday Target	760.05

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	751.25	790.15	796.65	732.25	0.446 times
03 Fri May 2024	789.35	832.25	838.00	780.00	0.679 times
26 Fri Apr 2024	824.70	819.85	862.55	801.75	0.786 times
30 Tue Jan 2024	776.90	823.55	848.40	752.75	0.438 times
25 Thu Jan 2024	815.45	856.80	930.00	781.20	0.121 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
07 Tue May 2024	751.25	792.00	820.00	732.25	0.545 times
30 Tue Apr 2024	783.65	819.85	862.55	780.00	0.033 times
30 Tue Jan 2024	776.90	601.00	930.00	585.05	1.235 times
29 Fri Dec 2023	599.25	521.45	628.70	506.50	2.566 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 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 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 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 SELL. 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.

Dredging Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 808.89 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 has given negative 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.