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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 2024-06-03 View latest technical analysis

10 day averaged volume of Dredging Corporation is 222281

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	934.70	934.70	934.70	900.35	0.992 times
31 Fri May 2024	890.20	918.35	918.35	890.20	0.533 times
30 Thu May 2024	937.05	937.05	974.90	937.05	0.815 times
29 Wed May 2024	986.35	934.90	986.35	930.00	0.575 times
28 Tue May 2024	939.40	957.00	984.00	935.50	0.611 times
27 Mon May 2024	981.10	1048.40	1048.40	981.10	0.964 times
24 Fri May 2024	1032.70	1032.70	1032.70	979.05	2.671 times
23 Thu May 2024	983.55	983.55	983.55	983.55	0.475 times
22 Wed May 2024	936.75	928.00	936.75	909.90	2.035 times
21 Tue May 2024	892.15	855.00	892.15	840.05	0.732 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 959.7 as stoploss in an intra day sell trade for a target of 864.11. However, stock will show a bullish move above 959.7.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	506.50
Downside Target	585.05
Downside Target	628.70
Downside Target	718.90
Downside Target	780.00
Downside Target	796.65
Downside Target	840.05
Downside Target	862.55
Downside Target	890.20
Downside Target	930.00
Downside Target	934.70
Upside Target	1032.70
Upside Target	1048.40

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	911.8
Downside Intraday Target	888.9
Upside Intraday Target	946.15
Upside Intraday Target	957.6
Downside Intraday Target	923.25

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	934.70	934.70	934.70	900.35	0.284 times
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

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
03 Mon Jun 2024	934.70	934.70	934.70	900.35	0.076 times
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

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 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.

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 getting stronger in this stock.

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 but BUY signal is weak.

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

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 964.83 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.