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(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 2024-06-26 View latest technical analysis

10 day averaged volume of Drdgold is 388740

Date Daily Closing Price Open High Low Volume
26 Wed Jun 2024 8.52 8.52 8.61 8.49 0.408 times
25 Tue Jun 2024 8.63 8.73 8.79 8.56 0.656 times
24 Mon Jun 2024 8.62 8.88 8.92 8.58 0.559 times
21 Fri Jun 2024 8.81 8.89 8.91 8.75 2.879 times
20 Thu Jun 2024 8.80 8.62 8.88 8.60 0.936 times
18 Tue Jun 2024 8.40 8.04 8.48 8.04 0.641 times
18 Tue Jun 2024 8.40 8.04 8.48 8.04 0.641 times
17 Mon Jun 2024 8.03 8.02 8.12 7.92 0.966 times
14 Fri Jun 2024 8.11 8.16 8.23 7.96 1.467 times
13 Thu Jun 2024 8.09 8.30 8.34 8.03 0.608 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8.6 as stoploss in an intra day sell trade for a target of 8.42. However, stock will show a bullish move above 8.6.

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
Downside Target 8.48
Upside Target 8.58
Upside Target 8.73
Upside Target 8.91
Upside Target 8.92
Upside Target 9.24
Upside Target 9.45

Intraday share price targets for Drdgold (DRD)

Target Type Value
Downside Intraday Target 8.37
Downside Intraday Target 8.21
Upside Intraday Target 8.8
Upside Intraday Target 9.07
Upside Intraday Target 8.64

Weekly technical analysis of Drdgold (DRD)

Date Weekly Closing Price Open High Low Volume
26 Wed Jun 2024 8.52 8.88 8.92 8.49 0.364 times
21 Fri Jun 2024 8.81 8.04 8.91 8.04 2.773 times
18 Tue Jun 2024 8.40 8.02 8.48 7.92 0.413 times
14 Fri Jun 2024 8.11 8.22 8.58 7.96 1.115 times
07 Fri Jun 2024 8.10 8.56 8.73 8.05 1.439 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
26 Wed Jun 2024 8.52 8.56 8.92 7.92 1.042 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 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Drdgold stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Drdgold in short term and the buy signal is strong.

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 tired and bears 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 8.49 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 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Drdgold stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Drdgold in short term and the buy signal is strong.

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 tired and bears 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 8.49 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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