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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 2024-10-16 View latest technical analysis

10 day averaged volume of Dredging Corporation is 111934

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1130.40	1056.40	1130.40	1056.40	0.333 times
15 Tue Oct 2024	1076.60	1101.00	1129.00	1058.05	0.596 times
14 Mon Oct 2024	1110.85	1167.70	1167.70	1109.40	0.38 times
11 Fri Oct 2024	1167.75	1208.90	1208.90	1154.05	1.326 times
10 Thu Oct 2024	1210.75	1210.75	1210.75	1167.35	2.165 times
09 Wed Oct 2024	1153.10	1153.10	1153.10	1111.00	0.334 times
08 Tue Oct 2024	1098.20	1060.00	1098.20	1020.00	0.623 times
15 Mon Jul 2024	1385.15	1337.00	1385.15	1320.05	0.952 times
12 Fri Jul 2024	1319.20	1372.00	1421.00	1301.20	1.905 times
11 Thu Jul 2024	1369.65	1322.00	1369.65	1321.95	0.502 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1123 as stoploss in an intra day buy trade for a target of 1233.65. However, stock will show a bearish move below 1123.

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
Downside Target	1078.50
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	1068.63
Downside Intraday Target	1006.87
Upside Intraday Target	1179.93
Upside Intraday Target	1229.47
Downside Intraday Target	1118.17

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1130.40	1167.70	1167.70	1056.40	0.242 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
16 Wed Oct 2024	1130.40	1060.00	1210.75	1020.00	0.239 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Dredging Corporation ( (DREDGECORP) ) based on a short 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 short to mid 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 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 moving up

CCI has generated a buy signal for Dredging Corporation in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 1228.44 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.