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(DredgingCor) Dredging Cor complete technical analysis [charts+indicators] | Buy/Sell Dredging Cor | (DredgingCor) share price targets

Complete technical analysis of Dredging Cor (DredgingCor) by charts plus indicators, forecast predictions and share price targets for Dredging Cor (DredgingCor)

Showing technical analysis as on 2022-05-17 View latest technical analysis

10 day averaged volume of Dredging Cor is 9567

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 309.05 301.50 310.00 296.50 0.312 times
16 Mon May 2022 298.35 298.15 302.85 295.25 0.376 times
13 Fri May 2022 292.25 284.75 299.10 284.75 1.192 times
12 Thu May 2022 288.20 301.35 303.95 283.15 1.427 times
11 Wed May 2022 305.65 314.10 316.40 300.65 0.815 times
10 Tue May 2022 313.45 319.85 327.15 309.40 0.178 times
09 Mon May 2022 317.75 322.25 322.55 315.60 0.972 times
06 Fri May 2022 325.10 328.50 329.15 321.65 0.414 times
05 Thu May 2022 331.45 330.80 338.00 329.95 0.413 times
04 Wed May 2022 330.45 343.00 347.75 328.30 3.761 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 308.7 as stoploss in an intra day buy trade for a target of 332.72. However, stock will show a bearish move below 308.7.

Share price targets for Dredging Cor (DredgingCor)

Target Type Value
Downside Target 283.15
Downside Target 295.25
Downside Target 304.10
Upside Target 317.10
Upside Target 339.80
Upside Target 346.30
Upside Target 348.95
Upside Target 366.90
Upside Target 373.10
Upside Target 375.55
Upside Target 397.90

Intraday share price targets for Dredging Cor (DredgingCor)

Target Type Value
Downside Intraday Target 299.53
Downside Intraday Target 290.02
Upside Intraday Target 314.28
Upside Intraday Target 319.52
Downside Intraday Target 304.77

Weekly technical analysis of Dredging Cor (DredgingCor)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 309.05 298.15 310.00 295.25 0.15 times
13 Fri May 2022 292.25 322.25 327.15 283.15 0.909 times
06 Fri May 2022 325.10 347.95 348.95 321.65 1.762 times
29 Fri Apr 2022 348.30 357.00 366.90 346.30 0.463 times
22 Fri Apr 2022 360.60 349.10 373.10 345.85 1.243 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 Cor (DredgingCor)

Date Monthly Closing Price Open High Low Volume
17 Tue May 2022 309.05 347.95 348.95 283.15 0.522 times
29 Fri Apr 2022 348.30 317.10 375.55 317.10 1.486 times
31 Thu Mar 2022 315.55 312.60 339.80 304.10 0.314 times
28 Mon Feb 2022 314.95 323.85 397.90 296.00 2.538 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 Cor (DredgingCor)

Indicator Name Indicator Value Indicator Signal
ADX 14, 31, 37 Sell
MACD -17, -11Sell
Stochastics 25Sell
CCI -36Buy
RSI 49Sell
OBV -94934Sell
VWAP 314Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Dredging Cor ( (DredgingCor) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Dredging Cor ( (DredgingCor) ) 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 Cor ( (DredgingCor) ) 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 Cor ( (DredgingCor) ) 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 Cor stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Dredging Cor 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 Cor 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Dredging Cor 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 Cor is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 314.03 and Dredging Cor (DredgingCor) 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 Cor (DredgingCor) stock. Volume based technical analysis of Dredging Cor (DredgingCor) stock is negative.

Dredging Cor 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.

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Daily charts

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