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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 2024-05-31 View latest technical analysis

10 day averaged volume of Dredging Corporation is 219161

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	890.20	918.35	918.35	890.20	0.541 times
30 Thu May 2024	937.05	937.05	974.90	937.05	0.826 times
29 Wed May 2024	986.35	934.90	986.35	930.00	0.583 times
28 Tue May 2024	939.40	957.00	984.00	935.50	0.62 times
27 Mon May 2024	981.10	1048.40	1048.40	981.10	0.978 times
24 Fri May 2024	1032.70	1032.70	1032.70	979.05	2.709 times
23 Thu May 2024	983.55	983.55	983.55	983.55	0.482 times
22 Wed May 2024	936.75	928.00	936.75	909.90	2.064 times
21 Tue May 2024	892.15	855.00	892.15	840.05	0.743 times
18 Sat May 2024	849.70	853.80	865.65	840.30	0.597 times

My analysis of stock is bullish for shortterm, and stock might move up till 952.1 or till 1068.4. Use a stoploss of 855.2 and if this stock hits its stoploss, then it can fall down till 758.3

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	718.90
Downside Target	780.00
Downside Target	796.65
Downside Target	838.00
Downside Target	862.55
Downside Target	890.20
Upside Target	930.00
Upside Target	1032.70
Upside Target	1048.40

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	837.47
Downside Intraday Target	784.73
Upside Intraday Target	995.67
Upside Intraday Target	1101.13
Upside Intraday Target	942.93

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	890.20	1048.40	1048.40	890.20	0.592 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
31 Fri May 2024	890.20	792.00	1048.40	718.90	5.129 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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 961.04 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.