(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 2024-05-06 View latest technical analysis
10 day averaged volume of Drdgold is 278960
Date | Daily Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 8.11 | 8.10 | 8.20 | 8.04 | 0.878 times |
03 Fri May 2024 | 7.83 | 7.93 | 8.01 | 7.75 | 0.638 times |
02 Thu May 2024 | 7.88 | 7.81 | 7.98 | 7.72 | 0.6 times |
01 Wed May 2024 | 7.84 | 7.87 | 8.06 | 7.81 | 0.534 times |
30 Tue Apr 2024 | 7.80 | 7.99 | 8.13 | 7.80 | 1.051 times |
29 Mon Apr 2024 | 8.32 | 8.36 | 8.52 | 8.17 | 0.696 times |
26 Fri Apr 2024 | 8.33 | 8.39 | 8.56 | 8.25 | 1.061 times |
25 Thu Apr 2024 | 8.25 | 7.92 | 8.29 | 7.84 | 1.326 times |
24 Wed Apr 2024 | 7.82 | 7.82 | 7.95 | 7.81 | 0.777 times |
23 Tue Apr 2024 | 7.89 | 7.80 | 8.03 | 7.77 | 1.03 times |
My analysis of stock is bearish for shortterm, and stock might move down till 7.9 or till 7.5. Use a stoploss of 8.25 and if the stock hits stoploss, then it can shoot up till 8.58
Share price targets for Drdgold (DRD)
Target Type | Value |
Downside Target | 6.48 |
Downside Target | 6.89 |
Downside Target | 7.17 |
Downside Target | 7.72 |
Downside Target | 8.04 |
Upside Target | 8.28 |
Upside Target | 8.52 |
Upside Target | 8.55 |
Upside Target | 8.56 |
Upside Target | 8.67 |
Upside Target | 9.24 |
Intraday share price targets for Drdgold (DRD)
Target Type | Value |
Downside Intraday Target | 8.03 |
Downside Intraday Target | 7.96 |
Upside Intraday Target | 8.19 |
Upside Intraday Target | 8.28 |
Upside Intraday Target | 8.12 |
Weekly technical analysis of Drdgold (DRD)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 8.11 | 8.10 | 8.20 | 8.04 | 0.249 times |
03 Fri May 2024 | 7.83 | 8.36 | 8.52 | 7.72 | 0.543 times |
26 Fri Apr 2024 | 8.33 | 8.03 | 8.56 | 7.77 | 1.279 times |
19 Fri Apr 2024 | 8.55 | 8.57 | 8.67 | 8.12 | 0.638 times |
12 Fri Apr 2024 | 8.45 | 9.00 | 9.24 | 8.28 | 0.905 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 |
06 Mon May 2024 | 8.11 | 7.87 | 8.20 | 7.72 | 0.088 times |
30 Tue Apr 2024 | 7.80 | 8.46 | 9.24 | 7.77 | 1.008 times |
28 Thu Mar 2024 | 8.20 | 6.98 | 8.55 | 6.89 | 1.544 times |
29 Thu Feb 2024 | 6.75 | 7.87 | 8.25 | 6.48 | 0.829 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 Drdgold (DRD)
Price action analysis of Drdgold ( (DRD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Drdgold stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Drdgold in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Drdgold 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 Drdgold in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 8.03 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 positive
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Drdgold stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Drdgold in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Drdgold 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 Drdgold in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 8.03 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.