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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 2024-05-27 View latest technical analysis

10 day averaged volume of Dredging Corporation is 170199

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	981.10	1048.40	1048.40	981.10	1.259 times
24 Fri May 2024	1032.70	1032.70	1032.70	979.05	3.488 times
23 Thu May 2024	983.55	983.55	983.55	983.55	0.621 times
22 Wed May 2024	936.75	928.00	936.75	909.90	2.658 times
21 Tue May 2024	892.15	855.00	892.15	840.05	0.956 times
18 Sat May 2024	849.70	853.80	865.65	840.30	0.768 times
17 Fri May 2024	824.45	786.00	824.45	786.00	0.513 times
16 Thu May 2024	785.20	800.00	802.10	780.05	0.157 times
15 Wed May 2024	789.05	788.40	806.90	786.50	0.298 times
14 Tue May 2024	777.35	758.90	784.00	754.05	0.286 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 1019.9, for a target of 914.8 or 827.16

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	718.90
Downside Target	780.00
Downside Target	796.65
Downside Target	838.00
Downside Target	862.55
Downside Target	930.00
Downside Target	981.10
Upside Target	1032.70
Upside Target	1048.40

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	958.67
Downside Intraday Target	936.23
Upside Intraday Target	1025.97
Upside Intraday Target	1070.83
Upside Intraday Target	1003.53

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	981.10	1048.40	1048.40	981.10	0.163 times
24 Fri May 2024	1032.70	855.00	1032.70	840.05	3.392 times
18 Sat May 2024	849.70	740.00	865.65	718.90	1.53 times
10 Fri May 2024	740.30	790.15	796.65	727.00	0.844 times
03 Fri May 2024	789.35	832.25	838.00	780.00	0.679 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
27 Mon May 2024	981.10	792.00	1048.40	718.90	4.135 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 up this month, and volume has increased substantially. This means that the move can 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 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

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 949.37 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.