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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 2024-12-19 View latest technical analysis

10 day averaged volume of Dredging Corporation is 24655

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	884.40	884.90	892.70	873.25	0.407 times
18 Wed Dec 2024	892.70	922.30	922.30	888.00	0.479 times
17 Tue Dec 2024	905.45	915.00	944.80	901.95	1.141 times
16 Mon Dec 2024	930.85	886.00	940.00	886.00	2.139 times
13 Fri Dec 2024	885.10	894.95	899.50	874.40	0.581 times
12 Thu Dec 2024	898.55	919.95	926.00	891.05	0.671 times
11 Wed Dec 2024	915.05	915.00	931.95	912.00	0.544 times
10 Tue Dec 2024	910.20	935.00	939.90	902.00	0.689 times
09 Mon Dec 2024	934.25	921.60	965.00	921.60	1.284 times
06 Fri Dec 2024	921.60	949.80	952.00	912.35	1.519 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 871.5 as stoploss in an intra day buy trade for a target of 903.26. However, stock will show a bearish move below 871.5.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	798.00
Downside Target	825.20
Downside Target	843.60
Downside Target	862.30
Upside Target	901.00
Upside Target	940.00
Upside Target	965.00
Upside Target	970.05
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	856.83
Downside Intraday Target	829.27
Upside Intraday Target	928.38
Upside Intraday Target	972.37
Upside Intraday Target	900.82

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	884.40	886.00	944.80	873.25	1.106 times
13 Fri Dec 2024	885.10	921.60	965.00	874.40	0.678 times
06 Fri Dec 2024	921.60	902.50	970.05	901.00	0.811 times
29 Fri Nov 2024	912.05	825.60	940.00	825.20	0.891 times
22 Fri Nov 2024	806.65	834.10	862.30	798.00	1.847 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 Thu Dec 2024	884.40	902.50	970.05	873.25	0.553 times
29 Fri Nov 2024	912.05	1015.65	1085.00	798.00	0.57 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 Weak and stock is gaining momentum.

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

Dredging Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 SELL signal in short term but selling is losing 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 915.31 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.