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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 2024-06-10 View latest technical analysis

10 day averaged volume of Dredging Corporation is 142532

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	953.55	867.05	953.55	867.05	1.2 times
07 Fri Jun 2024	866.90	881.90	891.00	849.55	1.048 times
06 Thu Jun 2024	878.40	854.00	885.75	854.00	1.284 times
05 Wed Jun 2024	843.60	843.60	843.60	843.60	0.128 times
04 Tue Jun 2024	888.00	917.90	917.90	888.00	0.539 times
03 Mon Jun 2024	934.70	934.70	934.70	900.35	1.547 times
31 Fri May 2024	890.20	918.35	918.35	890.20	0.832 times
30 Thu May 2024	937.05	937.05	974.90	937.05	1.271 times
29 Wed May 2024	986.35	934.90	986.35	930.00	0.897 times
28 Tue May 2024	939.40	957.00	984.00	935.50	0.953 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 969.5 as stoploss in an intra day sell trade for a target of 898.51. However, stock will show a bullish move above 969.5.

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	840.05
Downside Target	862.55
Downside Target	890.20
Downside Target	930.00
Downside Target	953.55
Upside Target	1032.70
Upside Target	1048.40

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	895.88
Downside Intraday Target	838.22
Upside Intraday Target	982.38
Upside Intraday Target	1011.22
Downside Intraday Target	924.72

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	953.55	867.05	953.55	867.05	0.264 times
07 Fri Jun 2024	866.90	934.70	934.70	843.60	0.833 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

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
10 Mon Jun 2024	953.55	934.70	953.55	843.60	0.282 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Dredging Corporation ( (DREDGECORP) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Dredging Corporation ( (DREDGECORP) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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 and BUY 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 920.19 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 falling down

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.