Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-18 View latest technical analysis

10 day averaged volume of Dredging Corporation is 253639

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	1122.90	1089.00	1122.90	1070.00	0.301 times
14 Fri Jun 2024	1069.45	1088.95	1109.70	1055.00	0.587 times
13 Thu Jun 2024	1081.50	1149.00	1149.00	1072.75	1.356 times
12 Wed Jun 2024	1129.20	1129.20	1129.20	1081.85	3.5 times
11 Tue Jun 2024	1026.55	969.20	1048.90	931.00	1.329 times
10 Mon Jun 2024	953.55	867.05	953.55	867.05	0.675 times
07 Fri Jun 2024	866.90	881.90	891.00	849.55	0.589 times
06 Thu Jun 2024	878.40	854.00	885.75	854.00	0.721 times
05 Wed Jun 2024	843.60	843.60	843.60	843.60	0.072 times
04 Tue Jun 2024	888.00	917.90	917.90	888.00	0.303 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1151.1, for a target of 1051.6 or 968.7

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	840.05
Downside Target	862.55
Downside Target	890.20
Downside Target	930.00
Downside Target	1032.70
Downside Target	1048.40
Downside Target	1070.00
Downside Target	1122.90
Upside Target	1149.00

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	1087.63
Downside Intraday Target	1052.37
Upside Intraday Target	1140.53
Upside Intraday Target	1158.17
Downside Intraday Target	1105.27

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	1122.90	1089.00	1122.90	1070.00	0.04 times
14 Fri Jun 2024	1069.45	867.05	1149.00	867.05	2.916 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

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
18 Tue Jun 2024	1122.90	934.70	1149.00	843.60	0.898 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 1045.93 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.