(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 2024-06-24 View latest technical analysis
10 day averaged volume of Drdgold is 386970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 8.62 | 8.88 | 8.92 | 8.58 | 0.562 times |
| 21 Fri Jun 2024 | 8.81 | 8.89 | 8.91 | 8.75 | 2.892 times |
| 20 Thu Jun 2024 | 8.80 | 8.62 | 8.88 | 8.60 | 0.94 times |
| 18 Tue Jun 2024 | 8.40 | 8.04 | 8.48 | 8.04 | 0.644 times |
| 18 Tue Jun 2024 | 8.40 | 8.04 | 8.48 | 8.04 | 0.644 times |
| 17 Mon Jun 2024 | 8.03 | 8.02 | 8.12 | 7.92 | 0.97 times |
| 14 Fri Jun 2024 | 8.11 | 8.16 | 8.23 | 7.96 | 1.473 times |
| 13 Thu Jun 2024 | 8.09 | 8.30 | 8.34 | 8.03 | 0.61 times |
| 12 Wed Jun 2024 | 8.33 | 8.48 | 8.58 | 8.31 | 0.652 times |
| 11 Tue Jun 2024 | 8.26 | 8.11 | 8.27 | 8.11 | 0.466 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.6, but if it comes below 8.6, then a intra day sell could be more profitable.
If you take a sell trade below 8.6, then use 8.6 as stoploss and 8.41 as target. However if you take a buy trade in stock , then use 8.6 as stoploss and 8.9 as target.
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 |
| Downside 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 | 8.49 |
| Downside Intraday Target | 8.37 |
| Upside Intraday Target | 8.83 |
| Upside Intraday Target | 9.05 |
| Upside Intraday Target | 8.71 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 8.62 | 8.88 | 8.92 | 8.58 | 0.125 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 |
| 24 Mon Jun 2024 | 8.62 | 8.56 | 8.92 | 7.92 | 0.969 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Drdgold stock for short term is BUY. 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.
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 red color and prices are in or above 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
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 8.46 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Drdgold stock for short term is BUY. 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.
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 red color and prices are in or above 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
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 8.46 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.