(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 2024-05-09 View latest technical analysis
10 day averaged volume of Drdgold is 218280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 8.66 | 8.47 | 8.68 | 8.37 | 2.047 times |
| 08 Wed May 2024 | 8.01 | 7.96 | 8.17 | 7.96 | 0.731 times |
| 07 Tue May 2024 | 7.94 | 8.03 | 8.05 | 7.89 | 0.598 times |
| 06 Mon May 2024 | 8.11 | 8.10 | 8.20 | 8.04 | 1.122 times |
| 03 Fri May 2024 | 7.83 | 7.93 | 8.01 | 7.75 | 0.815 times |
| 02 Thu May 2024 | 7.88 | 7.81 | 7.98 | 7.72 | 0.767 times |
| 01 Wed May 2024 | 7.84 | 7.87 | 8.06 | 7.81 | 0.683 times |
| 30 Tue Apr 2024 | 7.80 | 7.99 | 8.13 | 7.80 | 1.343 times |
| 29 Mon Apr 2024 | 8.32 | 8.36 | 8.52 | 8.17 | 0.889 times |
| 26 Fri Apr 2024 | 8.33 | 8.39 | 8.56 | 8.25 | 1.356 times |
Stock of Drdgold (DRD) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.5, but if it comes below 8.5, then a intra day sell could be more profitable.
If you take a sell trade below 8.5, then use 8.5 as stoploss and 8.17 as target. However if you take a buy trade in stock , then use 8.5 as stoploss and 8.8 as target.
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 | 8.12 |
| Downside Target | 8.52 |
| Downside Target | 8.55 |
| Downside Target | 8.56 |
| Upside Target | 8.67 |
| Upside Target | 8.68 |
| Upside Target | 9.24 |
Intraday share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Intraday Target | 8.14 |
| Downside Intraday Target | 7.62 |
| Upside Intraday Target | 8.93 |
| Upside Intraday Target | 9.2 |
| Downside Intraday Target | 8.41 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 8.66 | 8.10 | 8.68 | 7.89 | 1 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 |
| 09 Thu May 2024 | 8.66 | 7.87 | 8.68 | 7.72 | 0.176 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Drdgold in short term and the buy signal is strong.
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. Bulls are getting stronger in this stock.
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 and the buying is gaining 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 8.15 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Drdgold in short term and the buy signal is strong.
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. Bulls are getting stronger in this stock.
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 and the buying is gaining 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 8.15 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.