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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 2024-10-23 View latest technical analysis

10 day averaged volume of Dredging Corporation is 75652

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	957.05	949.00	994.40	948.00	0.323 times
22 Tue Oct 2024	956.15	977.35	998.80	950.00	0.613 times
21 Mon Oct 2024	999.75	1060.00	1060.00	999.45	0.378 times
18 Fri Oct 2024	1052.05	1046.05	1075.00	1025.65	0.503 times
17 Thu Oct 2024	1076.95	1130.40	1145.50	1073.90	0.909 times
16 Wed Oct 2024	1130.40	1056.40	1130.40	1056.40	0.493 times
15 Tue Oct 2024	1076.60	1101.00	1129.00	1058.05	0.883 times
14 Mon Oct 2024	1110.85	1167.70	1167.70	1109.40	0.562 times
11 Fri Oct 2024	1167.75	1208.90	1208.90	1154.05	1.961 times
10 Thu Oct 2024	1210.75	1210.75	1210.75	1167.35	3.204 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1043.7, but if it comes above 1043.7, then a intra day buy could be more profitable.
If you take a sell trade below 1043.7, then use 1043.7 as stoploss and 865.8 as target. However if you take a buy trade in stock , then use 1043.7 as stoploss and 1191.85 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	948.00
Upside Target	1020.00
Upside Target	1048.40
Upside Target	1167.70
Upside Target	1210.75
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	916.7
Downside Intraday Target	876.35
Upside Intraday Target	1028.7
Upside Intraday Target	1100.35
Upside Intraday Target	988.35

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	957.05	1060.00	1060.00	948.00	0.393 times
18 Fri Oct 2024	1052.05	1167.70	1167.70	1025.65	0.419 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

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
23 Wed Oct 2024	957.05	1060.00	1210.75	948.00	0.315 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 to mid 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 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 and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 1127.54 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.