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 2024-07-05 View latest technical analysis

10 day averaged volume of Dredging Corporation is 221386

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	1406.30	1380.00	1406.30	1360.35	1.043 times
04 Thu Jul 2024	1339.35	1269.05	1340.05	1241.15	2.273 times
03 Wed Jul 2024	1276.25	1270.00	1276.25	1200.00	1.171 times
02 Tue Jul 2024	1215.50	1160.00	1215.50	1109.05	1.585 times
01 Mon Jul 2024	1157.65	1117.40	1157.65	1078.50	1.462 times
28 Fri Jun 2024	1102.55	1144.00	1147.85	1090.05	0.275 times
27 Thu Jun 2024	1126.00	1152.00	1169.00	1101.00	0.422 times
26 Wed Jun 2024	1141.75	1136.00	1174.00	1130.10	0.472 times
25 Tue Jun 2024	1138.30	1158.70	1158.70	1126.00	0.298 times
24 Mon Jun 2024	1144.20	1127.95	1188.60	1080.00	1.328 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 1392.9, for a target of 1253.5 or 1137.3

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	1406.30

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	1187.77
Downside Intraday Target	969.23
Upside Intraday Target	1515.57
Upside Intraday Target	1624.83
Downside Intraday Target	1297.03

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	1406.30	1117.40	1406.30	1078.50	2.694 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
05 Fri Jul 2024	1406.30	1117.40	1406.30	1078.50	0.427 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 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

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 1239.27 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.