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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 2025-02-05 View latest technical analysis

10 day averaged volume of Dredging Corporation is 22246

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	708.00	720.00	738.00	698.85	2.132 times
04 Tue Feb 2025	712.40	698.70	728.80	698.70	1.419 times
03 Mon Feb 2025	697.50	749.90	750.00	693.55	1.376 times
31 Fri Jan 2025	762.80	746.40	771.45	742.30	0.952 times
30 Thu Jan 2025	742.45	732.10	757.95	725.05	0.776 times
29 Wed Jan 2025	739.80	690.00	750.00	686.00	1.025 times
28 Tue Jan 2025	694.30	687.00	709.95	657.00	1.114 times
27 Mon Jan 2025	681.10	729.00	729.00	675.00	1.811 times
24 Fri Jan 2025	717.75	746.00	751.10	712.00	0.512 times
23 Thu Jan 2025	742.10	734.55	748.00	730.60	0.42 times

Stock of Dredging Corporation (DREDGECORP) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 708.6, but if it comes above 708.6, then a intra day buy could be more profitable.
If you take a sell trade below 708.6, then use 708.6 as stoploss and 671.2 as target. However if you take a buy trade in stock , then use 708.6 as stoploss and 739.81 as target.

Share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Target	657.00
Downside Target	693.55
Upside Target	711.25
Upside Target	750.00
Upside Target	798.00
Upside Target	878.00
Upside Target	916.80
Upside Target	970.05
Upside Target	1085.00
Upside Target	1210.75

Intraday share price targets for Dredging Corporation (DREDGECORP)

Target Type	Value
Downside Intraday Target	684.37
Downside Intraday Target	660.73
Upside Intraday Target	740.82
Upside Intraday Target	773.63
Upside Intraday Target	717.18

Weekly technical analysis of Dredging Corporation (DREDGECORP)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	708.00	749.90	750.00	693.55	0.868 times
31 Fri Jan 2025	762.80	729.00	771.45	657.00	1.932 times
24 Fri Jan 2025	717.75	758.35	779.00	712.00	0.518 times
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

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
05 Wed Feb 2025	708.00	749.90	750.00	693.55	0.185 times
31 Fri Jan 2025	762.80	836.00	878.00	657.00	1.311 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

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 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 term time period is neutral. A longer time frame might give a better analysis.

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

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

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 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 713.08 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.