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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 2024-11-22 View latest technical analysis

10 day averaged volume of Dredging Corporation is 33419

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	806.65	824.40	824.40	800.00	0.851 times
21 Thu Nov 2024	805.65	826.10	830.00	798.00	1.015 times
19 Tue Nov 2024	828.40	830.00	862.30	815.00	1.212 times
18 Mon Nov 2024	823.40	834.10	848.70	819.60	2.6 times
14 Thu Nov 2024	862.70	862.70	862.70	862.70	0.346 times
13 Wed Nov 2024	908.10	955.10	964.65	908.05	1.075 times
12 Tue Nov 2024	955.80	980.05	1019.00	952.20	0.941 times
11 Mon Nov 2024	986.90	1000.05	1019.90	982.10	0.711 times
08 Fri Nov 2024	1011.40	1070.00	1070.00	1008.10	0.385 times
07 Thu Nov 2024	1061.15	1055.80	1085.00	1030.05	0.863 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 867.8, but if it comes above 867.8, then a intra day buy could be more profitable.
If you take a sell trade below 867.8, then use 867.8 as stoploss and 769.2 as target. However if you take a buy trade in stock , then use 867.8 as stoploss and 949.91 as target.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	718.90
Downside Target	798.00
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	782.33
Downside Intraday Target	758.02
Upside Intraday Target	846.63
Upside Intraday Target	886.62
Upside Intraday Target	822.32

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	806.65	834.10	862.30	798.00	1.847 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Dredging Corporation (DREDGECORP)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	806.65	1015.65	1085.00	798.00	0.409 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 883.09 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.