Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-01-17 View latest technical analysis

10 day averaged volume of Dredging Corporation is 34641

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	758.35	770.30	781.45	752.10	0.631 times
16 Thu Jan 2025	766.30	752.00	773.00	748.05	0.317 times
15 Wed Jan 2025	746.35	769.95	770.00	742.20	0.415 times
14 Tue Jan 2025	760.00	728.00	767.55	727.15	0.606 times
13 Mon Jan 2025	724.15	785.00	785.00	711.25	1.675 times
10 Fri Jan 2025	783.95	809.60	809.60	780.00	0.651 times
09 Thu Jan 2025	810.15	833.00	840.00	806.00	0.551 times
08 Wed Jan 2025	844.35	803.05	878.00	793.00	3.622 times
07 Tue Jan 2025	803.05	799.95	806.90	788.60	0.442 times
06 Mon Jan 2025	785.55	849.90	849.90	761.10	0.982 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 768.1, but if it comes above 768.1, then a intra day buy could be more profitable.
If you take a sell trade below 768.1, then use 768.1 as stoploss and 722.8 as target. However if you take a buy trade in stock , then use 768.1 as stoploss and 805.8 as target.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	711.25
Upside Target	761.10
Upside Target	785.00
Upside Target	814.95
Upside Target	855.00
Upside Target	874.80
Upside Target	916.80
Upside Target	944.80
Upside Target	970.05
Upside Target	1078.50
Upside Target	1085.00
Upside Target	1210.75
Upside Target	1457.95

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	718.07
Downside Intraday Target	677.78
Upside Intraday Target	791.82
Upside Intraday Target	825.28
Downside Intraday Target	751.53

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	758.35	785.00	785.00	711.25	0.583 times
10 Fri Jan 2025	783.95	849.90	878.00	761.10	2.173 times
03 Fri Jan 2025	839.15	822.50	874.80	798.00	1.58 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

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
17 Fri Jan 2025	758.35	836.00	878.00	711.25	0.887 times
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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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

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 793.17 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.