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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 2024-12-31 View latest technical analysis

10 day averaged volume of Dredging Corporation is 19864

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	834.25	800.40	839.30	800.25	1.132 times
30 Mon Dec 2024	800.40	822.50	824.15	798.00	1.001 times
27 Fri Dec 2024	818.20	825.00	844.80	814.95	1.034 times
26 Thu Dec 2024	830.40	859.00	859.00	827.50	0.597 times
24 Tue Dec 2024	845.80	841.20	858.55	841.05	0.548 times
23 Mon Dec 2024	844.65	870.00	876.50	835.00	0.994 times
20 Fri Dec 2024	859.90	900.00	900.05	855.00	0.654 times
19 Thu Dec 2024	884.40	884.90	892.70	873.25	0.506 times
18 Wed Dec 2024	892.70	922.30	922.30	888.00	0.594 times
17 Tue Dec 2024	905.45	915.00	944.80	901.95	1.416 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 843, but if it comes above 843, then a intra day buy could be more profitable.
If you take a sell trade below 843, then use 843 as stoploss and 792.1 as target. However if you take a buy trade in stock , then use 843 as stoploss and 885.4 as target.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	798.00
Downside Target	814.95
Upside Target	839.30
Upside Target	874.40
Upside Target	901.00
Upside Target	944.80
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	808.4
Downside Intraday Target	782.55
Upside Intraday Target	849.7
Upside Intraday Target	865.15
Downside Intraday Target	823.85

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	834.25	822.50	839.30	798.00	0.672 times
27 Fri Dec 2024	818.20	870.00	876.50	814.95	0.545 times
20 Fri Dec 2024	859.90	886.00	944.80	855.00	1.245 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

Price has moved up 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
31 Tue Dec 2024	834.25	902.50	970.05	798.00	0.75 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 buy signal for Dredging Corporation in short term but BUY signal is weak.

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 850.95 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.