(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 2024-05-20 View latest technical analysis
10 day averaged volume of Drdgold is 277755
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 9.40 | 9.28 | 9.45 | 9.14 | 1.215 times |
| 17 Fri May 2024 | 9.25 | 8.90 | 9.28 | 8.88 | 1.873 times |
| 16 Thu May 2024 | 8.73 | 8.69 | 8.80 | 8.67 | 0.775 times |
| 15 Wed May 2024 | 8.75 | 8.82 | 8.88 | 8.56 | 1.015 times |
| 14 Tue May 2024 | 8.63 | 8.64 | 8.70 | 8.56 | 0.436 times |
| 13 Mon May 2024 | 8.54 | 8.62 | 8.71 | 8.47 | 0.884 times |
| 10 Fri May 2024 | 8.62 | 8.72 | 8.95 | 8.60 | 1.482 times |
| 09 Thu May 2024 | 8.66 | 8.47 | 8.68 | 8.37 | 1.609 times |
| 08 Wed May 2024 | 8.01 | 7.96 | 8.17 | 7.96 | 0.575 times |
| 07 Tue May 2024 | 7.94 | 8.03 | 8.05 | 7.89 | 0.47 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 9.4, for a target of 8.8 or 8.33
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 | 8.25 |
| Downside Target | 8.47 |
| Downside Target | 8.56 |
| Downside Target | 8.95 |
| Downside Target | 9.14 |
| Downside Target | 9.24 |
| Downside Target | 9.28 |
| Upside Target | 9.45 |
Intraday share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Intraday Target | 9.21 |
| Downside Intraday Target | 9.02 |
| Upside Intraday Target | 9.52 |
| Upside Intraday Target | 9.64 |
| Downside Intraday Target | 9.33 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 9.40 | 9.28 | 9.45 | 9.14 | 0.244 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 |
| 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 |
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 Mon May 2024 | 9.40 | 7.87 | 9.45 | 7.72 | 0.431 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 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 losing 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 BUY signal in short term but buying is losing 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 8.78 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 losing 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 BUY signal in short term but buying is losing 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 8.78 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.