(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.
10 day averaged volume of Dredging Corporation is 42862
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 344.70 | 347.05 | 355.70 | 340.45 | 0.691 times |
| 27 Fri Jan 2023 | 346.65 | 358.70 | 359.40 | 341.30 | 1.317 times |
| 25 Wed Jan 2023 | 358.70 | 361.40 | 361.45 | 353.00 | 0.871 times |
| 24 Tue Jan 2023 | 361.20 | 364.50 | 367.25 | 361.00 | 0.686 times |
| 23 Mon Jan 2023 | 363.40 | 367.80 | 369.75 | 362.30 | 0.497 times |
| 20 Fri Jan 2023 | 365.10 | 363.50 | 369.85 | 363.10 | 0.929 times |
| 19 Thu Jan 2023 | 362.55 | 366.90 | 370.90 | 360.10 | 1.036 times |
| 18 Wed Jan 2023 | 368.75 | 371.05 | 372.15 | 367.35 | 0.613 times |
| 17 Tue Jan 2023 | 371.05 | 367.95 | 376.70 | 367.55 | 1.886 times |
| 16 Mon Jan 2023 | 366.05 | 367.05 | 371.80 | 365.00 | 0.784 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 343.8, for a target of 356.3 or 366.74
Share price targets for Dredging Corporation (DREDGECORP)
| Target Type | Value |
| Downside Target | 284.90 |
| Downside Target | 323.65 |
| Downside Target | 335.70 |
| Upside Target | 355.70 |
| Upside Target | 369.75 |
| Upside Target | 375.60 |
| Upside Target | 375.90 |
| Upside Target | 376.70 |
| Upside Target | 395.60 |
| Upside Target | 438.30 |
| Upside Target | 456.45 |
Intraday share price targets for Dredging Corporation (DREDGECORP)
| Target Type | Value |
| Downside Intraday Target | 338.2 |
| Downside Intraday Target | 331.7 |
| Upside Intraday Target | 353.45 |
| Upside Intraday Target | 362.2 |
| Upside Intraday Target | 346.95 |
Weekly technical analysis of Dredging Corporation (DREDGECORP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Jan 2023 | 344.70 | 347.05 | 355.70 | 340.45 | 0.205 times |
| 27 Fri Jan 2023 | 346.65 | 367.80 | 369.75 | 341.30 | 0.642 times |
| 20 Fri Jan 2023 | 365.10 | 367.05 | 376.70 | 360.10 | 0.819 times |
| 13 Fri Jan 2023 | 367.05 | 370.20 | 375.60 | 361.05 | 0.914 times |
| 06 Fri Jan 2023 | 368.05 | 388.10 | 395.60 | 365.40 | 0.365 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 |
| 30 Mon Jan 2023 | 344.70 | 388.10 | 395.60 | 340.45 | 0.215 times |
| 30 Fri Dec 2022 | 388.10 | 434.80 | 438.30 | 323.65 | 0.35 times |
| 30 Wed Nov 2022 | 432.05 | 341.05 | 456.45 | 335.70 | 2.544 times |
| 31 Mon Oct 2022 | 340.45 | 288.45 | 375.90 | 288.45 | 2.073 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 10, 30, 49 | Sell |
| MACD | -13, -10 | Sell |
| Stochastics | 17 | Sell |
| CCI | -155 | Sell |
| RSI | 52 | Buy |
| OBV | 128866 | Sell |
| VWAP | 361 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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 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 coming down
CCI has generated a SELL signal for Dredging Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 361.24 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.
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