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Dredging Corporation of India Limited

DREDGECORP.NS Technical Analysis Summary (NSE)

Analyze DREDGECORP.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DREDGECORP.NS●NSE
IndustrialsEngineering & Construction
₹1064.90
₹61.60(6.14%)
Indian Market opens in 4h 27m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DREDGECORP.NS Technical Analysis Summary (NSE)

Dredging Corporation of India Limited (NSE: DREDGECORP.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.83)
Trend Strength:Weak (ADX: 13.66)
Volatility:Medium (ATR: 44.86)
Support/Resistance:$974.60 – $1109.49 (Bollinger Bands)

Technical conditions suggest Dredging Corporation of India Limited on the NSE is awaiting a decisive move. This mix signals that Dredging Corporation of India Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.83

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 42.96

Neutral
Mid-range signal with no clear trend.

Williams %R: -11.17

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.30

Bullish
Steady upward momentum.

Takeaway:Dredging Corporation of India Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -19.57

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.66

Weak
Weak trend, market trading sideways.

ATR (14): 44.86

Rising
Rising volatility, market activity increasing.

CCI (14): 84.79

Bullish
Bullish, momentum building upward.

Takeaway:Dredging Corporation of India Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1109.49
Middle Band (SMA 20)
$1042.05
Lower Band
$974.60
Current Position
Within Bands

Takeaway:Dredging Corporation of India Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1130.55
Middle Line (EMA 20)
$1040.82
Lower Channel
$951.10
Squeeze Status
Squeeze On

Takeaway:Dredging Corporation of India Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume15.56M
Money Flow Index60.64Bullish, inflows support continued momentum.
Relative Vigor Index40.19Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:DREDGECORP.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Dredging Corporation of India Limited (NSE: DREDGECORP.NS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Dredging Corporation of India Limited are mixed, suggesting a Hold or wait-and-see approach.

(NSE: DREDGECORP.NS) Technical Analysis FAQ