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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 2024-06-05 View latest technical analysis

10 day averaged volume of Dredging Corporation is 222650

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	843.60	843.60	843.60	843.60	0.082 times
04 Tue Jun 2024	888.00	917.90	917.90	888.00	0.345 times
03 Mon Jun 2024	934.70	934.70	934.70	900.35	0.99 times
31 Fri May 2024	890.20	918.35	918.35	890.20	0.532 times
30 Thu May 2024	937.05	937.05	974.90	937.05	0.813 times
29 Wed May 2024	986.35	934.90	986.35	930.00	0.574 times
28 Tue May 2024	939.40	957.00	984.00	935.50	0.61 times
27 Mon May 2024	981.10	1048.40	1048.40	981.10	0.962 times
24 Fri May 2024	1032.70	1032.70	1032.70	979.05	2.666 times
23 Thu May 2024	983.55	983.55	983.55	983.55	0.474 times

My analysis of stock is bearish for shortterm, and stock might move down till 785.5 or till 678.4. Use a stoploss of 874.78 and if the stock hits stoploss, then it can shoot up till 964.03

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
Upside Target	862.55
Upside Target	890.20
Upside Target	930.00
Upside 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	813.23
Downside Intraday Target	782.87
Upside Intraday Target	904.33
Upside Intraday Target	965.07
Upside Intraday Target	873.97

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	843.60	934.70	934.70	843.60	0.406 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 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
05 Wed Jun 2024	843.60	934.70	934.70	843.60	0.108 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 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 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 SELL. 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 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 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 973.99 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.