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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 2024-11-07 View latest technical analysis

10 day averaged volume of Dredging Corporation is 30240

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	1061.15	1055.80	1085.00	1030.05	0.954 times
06 Wed Nov 2024	1055.80	1049.00	1075.00	1033.05	0.941 times
05 Tue Nov 2024	1042.60	1030.00	1047.00	1020.50	1.08 times
04 Mon Nov 2024	1020.45	1003.00	1030.00	993.35	0.622 times
01 Fri Nov 2024	1019.60	1015.65	1029.80	1001.15	0.593 times
31 Thu Oct 2024	1006.30	1027.30	1055.05	985.00	1.927 times
30 Wed Oct 2024	1004.85	950.05	1004.85	950.05	0.885 times
29 Tue Oct 2024	957.00	944.90	973.00	916.80	0.867 times
28 Mon Oct 2024	944.85	955.00	968.00	932.15	0.864 times
25 Fri Oct 2024	953.75	945.00	974.40	920.00	1.641 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1090.5 as stoploss in an intra day sell trade for a target of 1026.83. However, stock will show a bullish move above 1090.5.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	718.90
Downside Target	843.60
Downside Target	916.80
Downside Target	993.35
Downside Target	1020.00
Downside Target	1048.40
Upside Target	1085.00
Upside Target	1167.70
Upside Target	1210.75
Upside Target	1212.00
Upside Target	1385.15
Upside Target	1457.95

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	1008
Downside Intraday Target	954.85
Upside Intraday Target	1099.65
Upside Intraday Target	1138.15
Downside Intraday Target	1046.5

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	1061.15	1003.00	1085.00	993.35	0.7 times
01 Fri Nov 2024	1019.60	955.00	1055.05	916.80	0.932 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

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
07 Thu Nov 2024	1061.15	1015.65	1085.00	993.35	0.12 times
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

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 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 short to mid 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 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 Weak and stock is gaining momentum.

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

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 red color and prices are in or above 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 1003.54 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 negative.

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