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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 2024-07-15 View latest technical analysis

10 day averaged volume of Dredging Corporation is 259434

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	1385.15	1337.00	1385.15	1320.05	0.411 times
12 Fri Jul 2024	1319.20	1372.00	1421.00	1301.20	0.822 times
11 Thu Jul 2024	1369.65	1322.00	1369.65	1321.95	0.216 times
10 Wed Jul 2024	1304.45	1368.00	1368.00	1275.85	0.525 times
09 Tue Jul 2024	1343.00	1380.35	1405.95	1320.50	0.58 times
08 Mon Jul 2024	1380.35	1434.00	1457.95	1366.85	1.428 times
05 Fri Jul 2024	1406.30	1380.00	1406.30	1360.35	0.89 times
04 Thu Jul 2024	1339.35	1269.05	1340.05	1241.15	1.94 times
03 Wed Jul 2024	1276.25	1270.00	1276.25	1200.00	1 times
02 Tue Jul 2024	1215.50	1160.00	1215.50	1109.05	1.352 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1342.3, but if it comes below 1342.3, then a intra day sell could be more profitable.
If you take a sell trade below 1342.3, then use 1342.3 as stoploss and 1236.04 as target. However if you take a buy trade in stock , then use 1342.3 as stoploss and 1469.9 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	1188.60
Downside Target	1275.85
Downside Target	1320.05
Downside Target	1385.15
Upside Target	1406.30
Upside Target	1457.95

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	1341.75
Downside Intraday Target	1298.35
Upside Intraday Target	1406.85
Upside Intraday Target	1428.55
Downside Intraday Target	1363.45

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	1385.15	1337.00	1385.15	1320.05	0.115 times
12 Fri Jul 2024	1319.20	1434.00	1457.95	1275.85	0.555 times
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

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
15 Mon Jul 2024	1385.15	1117.40	1457.95	1078.50	0.692 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 losing 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 1326.27 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.