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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 2023-06-02 View latest technical analysis

10 day averaged volume of Dredging Cor is 3124

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Jun 2023	315.45	315.40	316.85	314.20	0.251 times
01 Thu Jun 2023	313.60	316.95	318.00	313.00	0.234 times
31 Wed May 2023	313.70	315.00	316.40	311.50	0.337 times
30 Tue May 2023	313.90	314.90	315.70	313.30	0.183 times
29 Mon May 2023	309.85	316.00	318.00	309.40	2.383 times
26 Fri May 2023	315.15	319.95	324.90	313.05	3.456 times
25 Thu May 2023	332.85	337.00	341.90	329.80	0.565 times
24 Wed May 2023	335.85	337.00	342.35	333.95	0.995 times
23 Tue May 2023	337.95	337.20	341.30	335.45	1.076 times
22 Mon May 2023	336.05	337.00	340.15	334.05	0.437 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 317.8, but if it comes above 317.8, then a intra day buy could be more profitable.
If you take a sell trade below 317.8, then use 317.8 as stoploss and 305.4 as target. However if you take a buy trade in stock , then use 317.8 as stoploss and 328.07 as target.

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	337.15
Upside Target	342.35
Upside Target	345.00
Upside Target	352.85
Upside Target	359.55
Upside Target	374.60

Intraday share price targets for Dredging Cor (DredgingCor)

Target Type	Value
Downside Intraday Target	310.57
Downside Intraday Target	305.68
Upside Intraday Target	319.17
Upside Intraday Target	322.88
Downside Intraday Target	314.28

Weekly technical analysis of Dredging Cor (DredgingCor)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Jun 2023	315.45	316.00	318.00	309.40	0.519 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 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
02 Fri Jun 2023	315.45	316.95	318.00	313.00	0.016 times
31 Wed May 2023	313.70	327.50	352.85	309.40	1.759 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

Scroll below to view daily charts

Price has moved up 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)

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the sell signal is strong.

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 green color and prices are in or below the green 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Dredging Cor is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 320.26 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.