(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 2024-08-27 View latest technical analysis
10 day averaged volume of Drdgold is 326460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 8.48 | 8.52 | 8.58 | 8.43 | 0.649 times |
| 26 Mon Aug 2024 | 8.50 | 8.76 | 8.80 | 8.39 | 2.024 times |
| 23 Fri Aug 2024 | 8.67 | 8.77 | 8.97 | 8.56 | 1.148 times |
| 22 Thu Aug 2024 | 8.69 | 8.95 | 8.99 | 8.60 | 2.057 times |
| 21 Wed Aug 2024 | 9.68 | 9.55 | 9.75 | 9.31 | 1.154 times |
| 20 Tue Aug 2024 | 9.91 | 9.96 | 10.07 | 9.82 | 0.924 times |
| 19 Mon Aug 2024 | 9.83 | 9.55 | 9.86 | 9.51 | 0.584 times |
| 16 Fri Aug 2024 | 9.64 | 9.49 | 9.68 | 9.47 | 0.508 times |
| 15 Thu Aug 2024 | 9.33 | 9.46 | 9.49 | 9.23 | 0.422 times |
| 14 Wed Aug 2024 | 9.40 | 9.31 | 9.46 | 9.21 | 0.617 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.8, but if it comes above 8.8, then a intra day buy could be more profitable.
If you take a sell trade below 8.8, then use 8.8 as stoploss and 8.2 as target. However if you take a buy trade in stock , then use 8.8 as stoploss and 9.3 as target.
Share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Target | 7.72 |
| Downside Target | 8.39 |
| Upside Target | 9.24 |
| Upside Target | 9.32 |
| Upside Target | 9.45 |
| Upside Target | 9.65 |
| Upside 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 | 8.31 |
| Downside Intraday Target | 8.15 |
| Upside Intraday Target | 8.72 |
| Upside Intraday Target | 8.97 |
| Upside Intraday Target | 8.56 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 8.48 | 8.76 | 8.80 | 8.39 | 0.456 times |
| 23 Fri Aug 2024 | 8.67 | 9.55 | 10.07 | 8.56 | 1.854 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 |
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 |
| 27 Tue Aug 2024 | 8.48 | 10.20 | 10.22 | 8.39 | 1.075 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 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 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 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 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 Strong and stock is gaining 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 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 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 9.05 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 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 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 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 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 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 Strong and stock is gaining 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 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 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 9.05 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.