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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 2024-10-15 View latest technical analysis

10 day averaged volume of Dredging Corporation is 120296

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	1076.60	1101.00	1129.00	1058.05	0.555 times
14 Mon Oct 2024	1110.85	1167.70	1167.70	1109.40	0.353 times
11 Fri Oct 2024	1167.75	1208.90	1208.90	1154.05	1.233 times
10 Thu Oct 2024	1210.75	1210.75	1210.75	1167.35	2.015 times
09 Wed Oct 2024	1153.10	1153.10	1153.10	1111.00	0.311 times
08 Tue Oct 2024	1098.20	1060.00	1098.20	1020.00	0.58 times
15 Mon Jul 2024	1385.15	1337.00	1385.15	1320.05	0.886 times
12 Fri Jul 2024	1319.20	1372.00	1421.00	1301.20	1.772 times
11 Thu Jul 2024	1369.65	1322.00	1369.65	1321.95	0.467 times
10 Wed Jul 2024	1304.45	1368.00	1368.00	1275.85	1.132 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1124, but if it comes above 1124, then a intra day buy could be more profitable.
If you take a sell trade below 1124, then use 1124 as stoploss and 991.8 as target. However if you take a buy trade in stock , then use 1124 as stoploss and 1234.22 as target.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	718.90
Downside Target	780.00
Downside Target	843.60
Downside Target	862.55
Downside Target	1020.00
Downside Target	1048.40
Upside Target	1167.70
Upside Target	1212.00
Upside Target	1275.85
Upside 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	1033.87
Downside Intraday Target	991.13
Upside Intraday Target	1143.52
Upside Intraday Target	1210.43
Upside Intraday Target	1100.78

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	1076.60	1167.70	1167.70	1058.05	0.181 times
11 Fri Oct 2024	1167.75	1337.00	1385.15	1020.00	0.653 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

Price has moved down 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 Tue Oct 2024	1076.60	1060.00	1210.75	1020.00	0.225 times
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

Scroll below to view daily charts

Price has moved down 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 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 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 to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Dredging Corporation in short term but the sell signal is initial and weak.

Dredging Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Dredging Corporation in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 1240.96 and Dredging Corporation (DREDGECORP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.