(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 2024-05-07 View latest technical analysis
10 day averaged volume of Drdgold is 239660
Date | Daily Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 7.94 | 8.03 | 8.05 | 7.89 | 0.545 times |
06 Mon May 2024 | 8.11 | 8.10 | 8.20 | 8.04 | 1.022 times |
03 Fri May 2024 | 7.83 | 7.93 | 8.01 | 7.75 | 0.743 times |
02 Thu May 2024 | 7.88 | 7.81 | 7.98 | 7.72 | 0.698 times |
01 Wed May 2024 | 7.84 | 7.87 | 8.06 | 7.81 | 0.622 times |
30 Tue Apr 2024 | 7.80 | 7.99 | 8.13 | 7.80 | 1.223 times |
29 Mon Apr 2024 | 8.32 | 8.36 | 8.52 | 8.17 | 0.81 times |
26 Fri Apr 2024 | 8.33 | 8.39 | 8.56 | 8.25 | 1.235 times |
25 Thu Apr 2024 | 8.25 | 7.92 | 8.29 | 7.84 | 1.543 times |
24 Wed Apr 2024 | 7.82 | 7.82 | 7.95 | 7.81 | 0.904 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 7.9 as stoploss in an intra day buy trade for a target of 8.21. However, stock will show a bearish move below 7.9.
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 |
Upside Target | 8.12 |
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 | 7.82 |
Downside Intraday Target | 7.7 |
Upside Intraday Target | 8.13 |
Upside Intraday Target | 8.32 |
Upside Intraday Target | 8.01 |
Weekly technical analysis of Drdgold (DRD)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 7.94 | 8.10 | 8.20 | 7.89 | 0.382 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 |
07 Tue May 2024 | 7.94 | 7.87 | 8.20 | 7.72 | 0.104 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 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 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 SELL. 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.
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 coming down
CCI has generated a SELL signal for Drdgold in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 8.04 and Drdgold (DRD) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 SELL. 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.
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 coming down
CCI has generated a SELL signal for Drdgold in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 8.04 and Drdgold (DRD) stock is trading below this level. This means that stock is falling with high volumes. 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.