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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 2024-11-19 View latest technical analysis

10 day averaged volume of Dredging Corporation is 31122

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	828.40	830.00	862.30	815.00	1.302 times
18 Mon Nov 2024	823.40	834.10	848.70	819.60	2.792 times
14 Thu Nov 2024	862.70	862.70	862.70	862.70	0.372 times
13 Wed Nov 2024	908.10	955.10	964.65	908.05	1.154 times
12 Tue Nov 2024	955.80	980.05	1019.00	952.20	1.011 times
11 Mon Nov 2024	986.90	1000.05	1019.90	982.10	0.763 times
08 Fri Nov 2024	1011.40	1070.00	1070.00	1008.10	0.414 times
07 Thu Nov 2024	1061.15	1055.80	1085.00	1030.05	0.927 times
06 Wed Nov 2024	1055.80	1049.00	1075.00	1033.05	0.914 times
05 Tue Nov 2024	1042.60	1030.00	1047.00	1020.50	1.049 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 818, for a target of 898.2 or 964.95

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	718.90
Downside Target	815.00
Upside Target	843.60
Upside Target	862.30
Upside Target	916.80
Upside Target	993.35
Upside Target	1019.90
Upside Target	1048.40
Upside Target	1078.50
Upside Target	1085.00
Upside Target	1210.75
Upside Target	1212.00
Upside Target	1457.95

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	808.17
Downside Intraday Target	787.93
Upside Intraday Target	855.47
Upside Intraday Target	882.53
Upside Intraday Target	835.23

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	828.40	834.10	862.30	815.00	1.24 times
14 Thu Nov 2024	862.70	1000.05	1019.90	862.70	0.845 times
08 Fri Nov 2024	1011.40	1003.00	1085.00	993.35	0.783 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

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
19 Tue Nov 2024	828.40	1015.65	1085.00	815.00	0.35 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Dredging Corporation stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 but BUY signal is weak.

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 927.91 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.