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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)

10 day averaged volume of Dredging Cor is 3202

Date Daily Closing Price Open High Low Volume
29 Wed Mar 2023 281.60 279.50 286.70 278.10 1.497 times
28 Tue Mar 2023 277.55 285.00 286.70 275.45 0.612 times
27 Mon Mar 2023 285.95 294.95 295.65 285.05 0.939 times
24 Fri Mar 2023 295.05 302.75 305.60 294.25 1.572 times
23 Thu Mar 2023 303.90 306.75 312.50 302.25 0.855 times
22 Wed Mar 2023 309.50 306.45 312.50 306.45 0.651 times
21 Tue Mar 2023 304.35 312.95 312.95 301.90 0.637 times
20 Mon Mar 2023 302.90 311.15 312.00 300.10 1.389 times
17 Fri Mar 2023 312.60 313.85 317.85 311.00 0.438 times
16 Thu Mar 2023 310.25 317.50 320.65 309.85 1.778 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 295.5, but if it comes above 295.5, then a intra day buy could be more profitable.
If you take a sell trade below 295.5, then use 295.5 as stoploss and 270.7 as target. However if you take a buy trade in stock , then use 295.5 as stoploss and 316.18 as target.

Share price targets for Dredging Cor (DredgingCor)

Target Type Value
Downside Target 275.45
Upside Target 294.25
Upside Target 309.85
Upside Target 320.70
Upside Target 336.00
Upside Target 343.30
Upside Target 359.55
Upside Target 374.60
Upside Target 395.65
Upside Target 438.10
Upside Target 456.15

Intraday share price targets for Dredging Cor (DredgingCor)

Target Type Value
Downside Intraday Target 272.82
Downside Intraday Target 264.03
Upside Intraday Target 293.02
Upside Intraday Target 304.43
Upside Intraday Target 284.23

Weekly technical analysis of Dredging Cor (DredgingCor)

Date Weekly Closing Price Open High Low Volume
29 Wed Mar 2023 281.60 294.95 295.65 275.45 0.597 times
24 Fri Mar 2023 295.05 311.15 312.95 294.25 1.011 times
17 Fri Mar 2023 312.60 334.05 343.30 309.85 0.81 times
10 Fri Mar 2023 343.15 336.75 359.55 336.75 2.55 times
03 Fri Mar 2023 336.55 334.85 338.20 320.70 0.679 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 Wed Mar 2023 281.60 327.50 359.55 275.45 0.993 times
28 Tue Feb 2023 324.25 374.60 374.60 320.70 0.647 times
31 Tue Jan 2023 364.95 387.75 395.65 340.25 0.243 times
30 Fri Dec 2022 388.35 434.05 438.10 324.00 0.384 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 8, 42, 68 Sell
MACD -28, -23Sell
Stochastics 7Sell
CCI -116Buy
RSI 37Sell
OBV -7174Sell
VWAP 298Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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 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.

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 below 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 and selling is picking up 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 297.86 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.

Click here for Dredging Cor charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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