(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 2024-02-08 View latest technical analysis
10 day averaged volume of Drdgold is 253760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 7.54 | 7.68 | 7.70 | 7.51 | 0.577 times |
| 07 Wed Feb 2024 | 7.76 | 7.81 | 7.88 | 7.70 | 0.618 times |
| 06 Tue Feb 2024 | 7.81 | 7.73 | 7.92 | 7.72 | 0.7 times |
| 05 Mon Feb 2024 | 7.73 | 7.66 | 7.97 | 7.66 | 0.782 times |
| 02 Fri Feb 2024 | 7.89 | 7.91 | 7.95 | 7.72 | 1.359 times |
| 01 Thu Feb 2024 | 8.21 | 7.87 | 8.25 | 7.78 | 1.702 times |
| 31 Wed Jan 2024 | 7.72 | 7.81 | 7.99 | 7.72 | 1.189 times |
| 30 Tue Jan 2024 | 7.78 | 7.86 | 7.89 | 7.63 | 0.978 times |
| 29 Mon Jan 2024 | 7.82 | 7.84 | 7.90 | 7.71 | 0.786 times |
| 26 Fri Jan 2024 | 7.77 | 7.75 | 7.91 | 7.67 | 1.079 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 7.5 as stoploss in an intra day buy trade for a target of 7.67. However, stock will show a bearish move below 7.5.
Share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Target | 7.17 |
| Downside Target | 7.51 |
| Upside Target | 7.91 |
| Upside Target | 8.00 |
| Upside Target | 8.11 |
| Upside Target | 8.25 |
| Upside Target | 8.28 |
| Upside Target | 9.50 |
| Upside Target | 9.68 |
| Upside Target | 9.74 |
Intraday share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Intraday Target | 7.38 |
| Downside Intraday Target | 7.21 |
| Upside Intraday Target | 7.84 |
| Upside Intraday Target | 8.13 |
| Upside Intraday Target | 7.67 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 7.54 | 7.66 | 7.97 | 7.51 | 0.445 times |
| 02 Fri Feb 2024 | 7.89 | 7.84 | 8.25 | 7.63 | 1.292 times |
| 26 Fri Jan 2024 | 7.77 | 7.29 | 7.91 | 7.25 | 0.873 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 |
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 Drdgold (DRD)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 7.54 | 7.87 | 8.25 | 7.51 | 0.224 times |
| 31 Wed Jan 2024 | 7.72 | 8.13 | 8.28 | 7.17 | 0.579 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 |
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 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 short 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 Drdgold ( (DRD) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL. 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.
Drdgold 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Drdgold in short term and SELL 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
Stock of Drdgold is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.85 and Drdgold (DRD) 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 Drdgold (DRD) stock. Volume based technical analysis of Drdgold (DRD) stock is negative.
Drdgold 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.
Price action analysis of Drdgold ( (DRD) ) 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 Drdgold ( (DRD) ) based on a short 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 Drdgold ( (DRD) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL. 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.
Drdgold 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Drdgold in short term and SELL 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
Stock of Drdgold is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.85 and Drdgold (DRD) 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 Drdgold (DRD) stock. Volume based technical analysis of Drdgold (DRD) stock is negative.
Drdgold 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.