(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 2024-08-20 View latest technical analysis
10 day averaged volume of Drdgold is 189730
Date | Daily Closing Price | Open | High | Low | Volume |
20 Tue Aug 2024 | 9.91 | 9.96 | 10.07 | 9.82 | 1.589 times |
19 Mon Aug 2024 | 9.83 | 9.55 | 9.86 | 9.51 | 1.005 times |
16 Fri Aug 2024 | 9.64 | 9.49 | 9.68 | 9.47 | 0.873 times |
15 Thu Aug 2024 | 9.33 | 9.46 | 9.49 | 9.23 | 0.726 times |
14 Wed Aug 2024 | 9.40 | 9.31 | 9.46 | 9.21 | 1.062 times |
13 Tue Aug 2024 | 9.44 | 9.26 | 9.50 | 9.24 | 0.97 times |
12 Mon Aug 2024 | 9.28 | 9.17 | 9.33 | 8.88 | 1.813 times |
09 Fri Aug 2024 | 9.16 | 9.20 | 9.20 | 8.91 | 0.603 times |
08 Thu Aug 2024 | 9.10 | 9.03 | 9.20 | 8.96 | 0.83 times |
07 Wed Aug 2024 | 8.90 | 9.20 | 9.32 | 8.82 | 1.26 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 9.9, but if it comes below 9.9, then a intra day sell could be more profitable.
If you take a sell trade below 9.9, then use 9.9 as stoploss and 9.53 as target. However if you take a buy trade in stock , then use 9.9 as stoploss and 10.3 as target.
Share price targets for Drdgold (DRD)
Target Type | Value |
Downside Target | 7.72 |
Downside Target | 8.47 |
Downside Target | 8.65 |
Downside Target | 8.88 |
Downside Target | 9.24 |
Downside Target | 9.65 |
Downside Target | 9.68 |
Upside Target | 10.07 |
Upside Target | 10.22 |
Upside Target | 10.23 |
Upside Target | 10.69 |
Intraday share price targets for Drdgold (DRD)
Target Type | Value |
Downside Intraday Target | 9.59 |
Downside Intraday Target | 9.27 |
Upside Intraday Target | 10.15 |
Upside Intraday Target | 10.39 |
Downside Intraday Target | 9.83 |
Weekly technical analysis of Drdgold (DRD)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Tue Aug 2024 | 9.91 | 9.55 | 10.07 | 9.51 | 0.476 times |
16 Fri Aug 2024 | 9.64 | 9.17 | 9.68 | 8.88 | 0.874 times |
09 Fri Aug 2024 | 9.16 | 9.10 | 9.32 | 8.65 | 0.84 times |
02 Fri Aug 2024 | 9.79 | 9.82 | 10.23 | 9.65 | 1.21 times |
26 Fri Jul 2024 | 9.75 | 9.71 | 10.07 | 9.45 | 0.699 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 |
20 Tue Aug 2024 | 9.91 | 10.20 | 10.22 | 8.65 | 0.648 times |
31 Wed Jul 2024 | 10.12 | 8.70 | 10.69 | 8.47 | 0.852 times |
28 Fri Jun 2024 | 8.61 | 8.56 | 8.92 | 7.92 | 1.122 times |
31 Fri May 2024 | 8.47 | 7.87 | 9.45 | 7.72 | 0.671 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up 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 9.42 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up 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 9.42 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.