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(DRD) Drdgold complete technical analysis [charts+indicators] | Buy/Sell Drdgold | (DRD) share price targets

Complete technical analysis of Drdgold (DRD) by charts plus indicators, forecast predictions and share price targets for Drdgold (DRD)

Drdgold trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-01-25 View latest technical analysis

10 day averaged volume of Drdgold is 317690

Date Daily Closing Price Open High Low Volume
25 Thu Jan 2024 7.64 7.64 7.70 7.52 0.645 times
24 Wed Jan 2024 7.48 7.80 7.84 7.41 0.742 times
23 Tue Jan 2024 7.58 7.45 7.59 7.33 0.95 times
22 Mon Jan 2024 7.39 7.29 7.47 7.25 0.518 times
19 Fri Jan 2024 7.41 7.49 7.49 7.24 0.861 times
18 Thu Jan 2024 7.43 7.56 7.63 7.35 0.827 times
17 Wed Jan 2024 7.42 7.43 7.47 7.31 1.238 times
16 Tue Jan 2024 7.60 7.95 8.00 7.57 1.331 times
12 Fri Jan 2024 7.75 7.76 8.00 7.69 1.255 times
12 Fri Jan 2024 7.75 7.76 8.00 7.69 1.255 times

My analysis of stock is bullish for shortterm, and stock might move up till 7.8 or till 8. Use a stoploss of 7.62 and if this stock hits its stoploss, then it can fall down till 7.43

Share price targets for Drdgold (DRD)

Target Type Value
Downside Target 7.17
Downside Target 7.53
Upside Target 8.00
Upside Target 8.11
Upside Target 8.28
Upside Target 9.50
Upside Target 9.68
Upside Target 9.74
Upside Target 10.30

Intraday share price targets for Drdgold (DRD)

Target Type Value
Downside Intraday Target 7.31
Downside Intraday Target 6.99
Upside Intraday Target 7.9
Upside Intraday Target 8.17
Downside Intraday Target 7.58

Weekly technical analysis of Drdgold (DRD)

Date Weekly Closing Price Open High Low Volume
25 Thu Jan 2024 7.64 7.29 7.84 7.25 0.671 times
19 Fri Jan 2024 7.41 7.95 8.00 7.24 3.392 times
12 Fri Jan 2024 7.75 7.76 8.00 7.69 0.3 times
12 Fri Jan 2024 7.75 7.58 8.00 7.17 0.899 times
05 Fri Jan 2024 7.69 8.13 8.28 7.64 4.693 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 Drdgold (DRD)

Date Monthly Closing Price Open High Low Volume
25 Thu Jan 2024 7.64 8.13 8.28 7.17 0.488 times
29 Fri Dec 2023 7.95 9.35 9.50 7.53 1.915 times
30 Thu Nov 2023 9.32 8.63 9.68 8.11 1.098 times
31 Tue Oct 2023 8.51 8.08 9.74 7.70 1.126 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 Drdgold (DRD)

Price action analysis of Drdgold ( (DRD) ) 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 Drdgold ( (DRD) ) 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 Drdgold ( (DRD) ) 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 Drdgold ( (DRD) ) 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 Drdgold stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Drdgold in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Drdgold 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 moving up

CCI has generated a buy signal for Drdgold in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Drdgold is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.56 and Drdgold (DRD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Drdgold (DRD) stock. Volume based technical analysis of Drdgold (DRD) stock is negative.

Drdgold Stock is giving positive 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.

Price action analysis of Drdgold ( (DRD) ) 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 Drdgold ( (DRD) ) 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 Drdgold ( (DRD) ) 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 Drdgold ( (DRD) ) 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 Drdgold stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Drdgold in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Drdgold 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 moving up

CCI has generated a buy signal for Drdgold in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Drdgold is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.56 and Drdgold (DRD) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Drdgold (DRD) stock. Volume based technical analysis of Drdgold (DRD) stock is negative.

Drdgold Stock is giving positive 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.

Daily charts

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