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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 2023-05-29 View latest technical analysis

10 day averaged volume of Dredging Cor is 3589

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon May 2023	309.85	316.00	318.00	309.40	2.075 times
26 Fri May 2023	315.15	319.95	324.90	313.05	3.008 times
25 Thu May 2023	332.85	337.00	341.90	329.80	0.492 times
24 Wed May 2023	335.85	337.00	342.35	333.95	0.866 times
23 Tue May 2023	337.95	337.20	341.30	335.45	0.936 times
22 Mon May 2023	336.05	337.00	340.15	334.05	0.38 times
19 Fri May 2023	336.85	338.00	344.10	331.90	0.292 times
18 Thu May 2023	337.45	342.50	346.00	336.80	0.746 times
17 Wed May 2023	342.60	343.05	352.85	339.05	1.08 times
16 Tue May 2023	341.90	332.55	346.50	330.95	1.615 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 314.1, for a target of 323.5 or 331.38

Share price targets for Dredging Cor (DredgingCor)

Target Type	Value
Downside Target	275.45
Downside Target	285.55
Downside Target	309.40
Upside Target	332.75
Upside Target	340.25
Upside Target	342.35
Upside Target	345.00
Upside Target	352.85
Upside Target	359.55
Upside Target	374.60
Upside Target	395.65

Intraday share price targets for Dredging Cor (DredgingCor)

Target Type	Value
Downside Intraday Target	306.83
Downside Intraday Target	303.82
Upside Intraday Target	315.43
Upside Intraday Target	321.02
Upside Intraday Target	312.42

Weekly technical analysis of Dredging Cor (DredgingCor)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon May 2023	309.85	316.00	318.00	309.40	0.365 times
26 Fri May 2023	315.15	337.00	342.35	313.05	1.317 times
19 Fri May 2023	336.85	328.10	352.85	322.05	1.803 times
12 Fri May 2023	330.65	330.65	337.15	325.75	0.216 times
05 Fri May 2023	329.10	327.50	345.00	320.00	1.155 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 Cor (DredgingCor)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon May 2023	309.85	327.50	352.85	309.40	1.728 times
28 Fri Apr 2023	323.35	285.55	332.75	285.55	0.771 times
31 Fri Mar 2023	281.85	327.50	359.55	275.45	1.036 times
28 Tue Feb 2023	324.25	374.60	374.60	320.70	0.647 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Dredging Cor (DredgingCor)

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 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 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 gaining momentum.

MACD generated a SELL signal for Dredging Cor in short term but the sell signal is initial and weak.

Dredging Cor 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Dredging Cor in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 327.4 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.