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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.

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, -10Sell
Stochastics 17Sell
CCI -155Sell
RSI 52Buy
OBV 128866Sell
VWAP 361Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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.

Click here for Dredging Corporation charts

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Daily charts

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Daily chart

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