(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 2024-06-04 View latest technical analysis
10 day averaged volume of Drdgold is 257608
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 8.38 | 8.44 | 8.47 | 8.33 | 1.093 times |
| 03 Mon Jun 2024 | 8.55 | 8.56 | 8.63 | 8.50 | 0.889 times |
| 31 Fri May 2024 | 8.47 | 8.51 | 8.55 | 8.30 | 0.914 times |
| 30 Thu May 2024 | 8.57 | 8.41 | 8.67 | 8.41 | 0.889 times |
| 29 Wed May 2024 | 8.36 | 8.61 | 8.63 | 8.34 | 0.794 times |
| 28 Tue May 2024 | 8.70 | 8.83 | 8.88 | 8.68 | 1.064 times |
| 24 Fri May 2024 | 8.80 | 8.81 | 8.85 | 8.70 | 0.66 times |
| 23 Thu May 2024 | 8.76 | 8.75 | 8.98 | 8.64 | 1.423 times |
| 22 Wed May 2024 | 8.87 | 9.10 | 9.15 | 8.74 | 1.209 times |
| 21 Tue May 2024 | 9.23 | 9.35 | 9.39 | 9.12 | 0.848 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 8.3 as stoploss in an intra day buy trade for a target of 8.66. However, stock will show a bearish move below 8.3.
Share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Target | 6.48 |
| Downside Target | 6.89 |
| Downside Target | 7.72 |
| Downside Target | 8.25 |
| Upside Target | 8.63 |
| Upside Target | 8.64 |
| Upside Target | 8.88 |
| Upside Target | 8.95 |
| Upside Target | 9.24 |
| Upside Target | 9.28 |
| Upside Target | 9.45 |
Intraday share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Intraday Target | 8.26 |
| Downside Intraday Target | 8.15 |
| Upside Intraday Target | 8.56 |
| Upside Intraday Target | 8.75 |
| Upside Intraday Target | 8.45 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 8.38 | 8.56 | 8.63 | 8.33 | 0.541 times |
| 31 Fri May 2024 | 8.47 | 8.83 | 8.88 | 8.30 | 0.672 times |
| 24 Fri May 2024 | 8.80 | 9.28 | 9.45 | 8.64 | 1.014 times |
| 17 Fri May 2024 | 9.25 | 8.62 | 9.28 | 8.47 | 0.993 times |
| 10 Fri May 2024 | 8.62 | 8.10 | 8.95 | 7.89 | 1.419 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 |
| 04 Tue Jun 2024 | 8.38 | 8.56 | 8.63 | 8.33 | 0.091 times |
| 31 Fri May 2024 | 8.47 | 7.87 | 9.45 | 7.72 | 0.671 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 gaining momentum.
MACD generated a SELL signal for Drdgold in short term but the sell 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 8.67 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 gaining momentum.
MACD generated a SELL signal for Drdgold in short term but the sell 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 8.67 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.