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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 2024-07-03 View latest technical analysis

10 day averaged volume of Dredging Corporation is 196576

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	1276.25	1270.00	1276.25	1200.00	1.319 times
02 Tue Jul 2024	1215.50	1160.00	1215.50	1109.05	1.785 times
01 Mon Jul 2024	1157.65	1117.40	1157.65	1078.50	1.646 times
28 Fri Jun 2024	1102.55	1144.00	1147.85	1090.05	0.31 times
27 Thu Jun 2024	1126.00	1152.00	1169.00	1101.00	0.476 times
26 Wed Jun 2024	1141.75	1136.00	1174.00	1130.10	0.532 times
25 Tue Jun 2024	1138.30	1158.70	1158.70	1126.00	0.336 times
24 Mon Jun 2024	1144.20	1127.95	1188.60	1080.00	1.496 times
21 Fri Jun 2024	1132.00	1195.00	1212.00	1127.00	0.802 times
20 Thu Jun 2024	1186.30	1134.30	1186.30	1110.05	1.362 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1199.6, but if it comes below 1199.6, then a intra day sell could be more profitable.
If you take a sell trade below 1199.6, then use 1199.6 as stoploss and 1086.12 as target. However if you take a buy trade in stock , then use 1199.6 as stoploss and 1335.9 as target.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	585.05
Downside Target	718.90
Downside Target	780.00
Downside Target	843.60
Downside Target	862.55
Downside Target	930.00
Downside Target	1048.40
Downside Target	1070.00
Downside Target	1149.00
Downside Target	1188.60
Downside Target	1212.00
Downside Target	1276.25

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	1144.42
Downside Intraday Target	1012.58
Upside Intraday Target	1342.17
Upside Intraday Target	1408.08
Downside Intraday Target	1210.33

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	1276.25	1117.40	1276.25	1078.50	1.508 times
28 Fri Jun 2024	1102.55	1127.95	1188.60	1080.00	0.827 times
21 Fri Jun 2024	1132.00	1089.00	1212.00	1070.00	0.396 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Dredging Corporation (DREDGECORP)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Wed Jul 2024	1276.25	1117.40	1276.25	1078.50	0.239 times
28 Fri Jun 2024	1102.55	934.70	1212.00	843.60	1.343 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

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 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 and the buying is gaining 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 1178.61 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.