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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 2023-12-21 View latest technical analysis

10 day averaged volume of Dredging Corporation is 1075560

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Dec 2023	560.75	551.40	569.40	545.15	0.303 times
20 Wed Dec 2023	551.45	599.55	608.00	548.10	0.411 times
19 Tue Dec 2023	595.25	595.50	617.75	591.15	0.555 times
18 Mon Dec 2023	595.00	592.00	606.90	588.50	0.208 times
15 Fri Dec 2023	593.45	593.10	613.75	588.50	0.334 times
14 Thu Dec 2023	596.45	605.00	608.85	592.15	0.269 times
13 Wed Dec 2023	601.80	597.30	628.70	592.50	1.799 times
12 Tue Dec 2023	591.40	571.55	617.75	563.60	1.669 times
11 Mon Dec 2023	570.90	560.55	574.95	552.70	0.36 times
08 Fri Dec 2023	560.30	571.10	577.05	545.15	0.541 times

My analysis of stock is bullish for shortterm, and stock might move up till 585.8 or till 625.8. Use a stoploss of 552.49 and if this stock hits its stoploss, then it can fall down till 519.16

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	356.65
Downside Target	426.10
Downside Target	450.90
Downside Target	483.25
Downside Target	506.50
Downside Target	538.00
Downside Target	548.70
Downside Target	552.70
Upside Target	561.90
Upside Target	589.00
Upside Target	617.75
Upside Target	628.70

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	531.35
Downside Intraday Target	501.95
Upside Intraday Target	603.95
Upside Intraday Target	647.15
Upside Intraday Target	574.55

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Dec 2023	560.75	592.00	617.75	545.15	0.333 times
15 Fri Dec 2023	593.45	560.55	628.70	552.70	0.934 times
08 Fri Dec 2023	560.30	532.70	589.00	506.50	5.999 times
01 Fri Dec 2023	514.80	529.85	547.00	508.55	0.338 times
24 Fri Nov 2023	525.35	484.40	538.00	483.25	4.42 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
21 Thu Dec 2023	560.75	521.45	628.70	506.50	2.127 times
30 Thu Nov 2023	518.90	468.00	547.00	456.00	0.771 times
31 Tue Oct 2023	467.80	476.30	539.65	426.10	1.446 times
29 Fri Sep 2023	476.90	507.40	561.90	450.90	0.201 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Dredging Corporation ( (DREDGECORP) ) based on a short to mid 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 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 losing momentum.

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

Dredging Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 587.32 and Dredging Corporation (DREDGECORP) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been positive

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