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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 2024-06-19 View latest technical analysis

10 day averaged volume of Dredging Corporation is 239231

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	1129.85	1177.65	1179.00	1100.00	1.032 times
18 Tue Jun 2024	1122.90	1089.00	1122.90	1070.00	0.319 times
14 Fri Jun 2024	1069.45	1088.95	1109.70	1055.00	0.622 times
13 Thu Jun 2024	1081.50	1149.00	1149.00	1072.75	1.437 times
12 Wed Jun 2024	1129.20	1129.20	1129.20	1081.85	3.711 times
11 Tue Jun 2024	1026.55	969.20	1048.90	931.00	1.409 times
10 Mon Jun 2024	953.55	867.05	953.55	867.05	0.715 times
07 Fri Jun 2024	866.90	881.90	891.00	849.55	0.624 times
06 Thu Jun 2024	878.40	854.00	885.75	854.00	0.765 times
05 Wed Jun 2024	843.60	843.60	843.60	843.60	0.076 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1068.6, but if it comes below 1068.6, then a intra day sell could be more profitable.
If you take a sell trade below 1068.6, then use 1068.6 as stoploss and 980.59 as target. However if you take a buy trade in stock , then use 1068.6 as stoploss and 1174.1 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
Downside Target	1032.70
Downside Target	1048.40
Downside Target	1070.00
Upside Target	1149.00
Upside Target	1179.00

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	1073.57
Downside Intraday Target	1017.28
Upside Intraday Target	1182.57
Upside Intraday Target	1235.28
Downside Intraday Target	1126.28

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	1129.85	1089.00	1179.00	1070.00	0.171 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
19 Wed Jun 2024	1129.85	934.70	1179.00	843.60	0.983 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 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 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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1058.75 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.