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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 2022-05-18 View latest technical analysis

10 day averaged volume of Dredging Cor is 9433

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 308.80 310.55 314.00 304.00 0.376 times
17 Tue May 2022 309.05 301.50 310.00 296.50 0.316 times
16 Mon May 2022 298.35 298.15 302.85 295.25 0.381 times
13 Fri May 2022 292.25 284.75 299.10 284.75 1.209 times
12 Thu May 2022 288.20 301.35 303.95 283.15 1.447 times
11 Wed May 2022 305.65 314.10 316.40 300.65 0.827 times
10 Tue May 2022 313.45 319.85 327.15 309.40 0.18 times
09 Mon May 2022 317.75 322.25 322.55 315.60 0.986 times
06 Fri May 2022 325.10 328.50 329.15 321.65 0.42 times
05 Thu May 2022 331.45 330.80 338.00 329.95 0.419 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 306.4 as stoploss in an intra day buy trade for a target of 330.47. However, stock will show a bearish move below 306.4.

Share price targets for Dredging Cor (DredgingCor)

Target Type Value
Downside Target 283.15
Downside Target 295.25
Downside Target 304.10
Upside Target 314.00
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 298.03
Downside Intraday Target 287.27
Upside Intraday Target 316.78
Upside Intraday Target 324.77
Downside Intraday Target 306.02

Weekly technical analysis of Dredging Cor (DredgingCor)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 308.80 298.15 314.00 295.25 0.231 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
18 Wed May 2022 308.80 347.95 348.95 283.15 0.541 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 16, 29, 28 Sell
MACD -16, -12Sell
Stochastics 37None
CCI -5Buy
RSI 52Buy
OBV -85225Sell
VWAP 304Buy
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Dredging Cor ( (DredgingCor) ) 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 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 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 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 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 coming down

CCI has generated a buy signal for Dredging Cor in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 304.18 and Dredging Cor (DredgingCor) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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Daily chart

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