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 2024-10-31 View latest technical analysis

10 day averaged volume of Dredging Corporation is 35256

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1006.30	1027.30	1055.05	985.00	1.653 times
30 Wed Oct 2024	1004.85	950.05	1004.85	950.05	0.759 times
29 Tue Oct 2024	957.00	944.90	973.00	916.80	0.744 times
28 Mon Oct 2024	944.85	955.00	968.00	932.15	0.741 times
25 Fri Oct 2024	953.75	945.00	974.40	920.00	1.408 times
24 Thu Oct 2024	942.75	958.55	974.80	937.65	0.497 times
23 Wed Oct 2024	957.05	949.00	994.40	948.00	0.694 times
22 Tue Oct 2024	956.15	977.35	998.80	950.00	1.315 times
21 Mon Oct 2024	999.75	1060.00	1060.00	999.45	0.812 times
18 Fri Oct 2024	1052.05	1046.05	1075.00	1025.65	1.079 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 952.5 as stoploss in an intra day buy trade for a target of 1075.17. However, stock will show a bearish move below 952.5.

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	916.80
Upside Target	1020.00
Upside Target	1048.40
Upside Target	1167.70
Upside Target	1210.75
Upside Target	1212.00
Upside Target	1275.85
Upside Target	1385.15
Upside Target	1457.95

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	930.38
Downside Intraday Target	854.47
Upside Intraday Target	1068.63
Upside Intraday Target	1130.97
Downside Intraday Target	992.72

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	1006.30	955.00	1055.05	916.80	0.825 times
25 Fri Oct 2024	953.75	1060.00	1060.00	920.00	0.658 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

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
31 Thu Oct 2024	1006.30	1060.00	1210.75	916.80	0.391 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Dredging Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 981.05 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 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.