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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 2024-06-11 View latest technical analysis

10 day averaged volume of Dredging Corporation is 138216

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	1026.55	969.20	1048.90	931.00	2.438 times
10 Mon Jun 2024	953.55	867.05	953.55	867.05	1.238 times
07 Fri Jun 2024	866.90	881.90	891.00	849.55	1.081 times
06 Thu Jun 2024	878.40	854.00	885.75	854.00	1.324 times
05 Wed Jun 2024	843.60	843.60	843.60	843.60	0.132 times
04 Tue Jun 2024	888.00	917.90	917.90	888.00	0.555 times
03 Mon Jun 2024	934.70	934.70	934.70	900.35	1.595 times
31 Fri May 2024	890.20	918.35	918.35	890.20	0.858 times
30 Thu May 2024	937.05	937.05	974.90	937.05	1.31 times
29 Wed May 2024	986.35	934.90	986.35	930.00	0.925 times

Stock of Dredging Corporation (DREDGECORP) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 981.5, but if it comes below 981.5, then a intra day sell could be more profitable.
If you take a sell trade below 981.5, then use 981.5 as stoploss and 910.97 as target. However if you take a buy trade in stock , then use 981.5 as stoploss and 1066 as target.

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
Upside Target	1032.70
Upside Target	1048.40
Upside Target	1048.90

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	912.77
Downside Intraday Target	798.98
Upside Intraday Target	1094.62
Upside Intraday Target	1162.68
Downside Intraday Target	980.83

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	1026.55	867.05	1048.90	867.05	0.784 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
11 Tue Jun 2024	1026.55	934.70	1048.90	843.60	0.397 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 941.18 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.