(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 2024-06-27 View latest technical analysis
10 day averaged volume of Drdgold is 379380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 8.40 | 8.61 | 8.66 | 8.38 | 0.535 times |
| 26 Wed Jun 2024 | 8.52 | 8.52 | 8.61 | 8.49 | 0.418 times |
| 25 Tue Jun 2024 | 8.63 | 8.73 | 8.79 | 8.56 | 0.672 times |
| 24 Mon Jun 2024 | 8.62 | 8.88 | 8.92 | 8.58 | 0.573 times |
| 21 Fri Jun 2024 | 8.81 | 8.89 | 8.91 | 8.75 | 2.95 times |
| 20 Thu Jun 2024 | 8.80 | 8.62 | 8.88 | 8.60 | 0.959 times |
| 18 Tue Jun 2024 | 8.40 | 8.04 | 8.48 | 8.04 | 0.657 times |
| 18 Tue Jun 2024 | 8.40 | 8.04 | 8.48 | 8.04 | 0.657 times |
| 17 Mon Jun 2024 | 8.03 | 8.02 | 8.12 | 7.92 | 0.99 times |
| 14 Fri Jun 2024 | 8.11 | 8.16 | 8.23 | 7.96 | 1.503 times |
My analysis of stock is bearish for shortterm, and stock might move down till 8.2 or till 7.9. Use a stoploss of 8.41 and if the stock hits stoploss, then it can shoot up till 8.63
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 |
| Upside Target | 8.55 |
| 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 | 8.21 |
| Downside Intraday Target | 8.03 |
| Upside Intraday Target | 8.75 |
| Upside Intraday Target | 9.11 |
| Upside Intraday Target | 8.57 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 8.40 | 8.88 | 8.92 | 8.38 | 0.482 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 |
| 27 Thu Jun 2024 | 8.40 | 8.56 | 8.92 | 7.92 | 1.079 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Drdgold ( (DRD) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Drdgold ( (DRD) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Drdgold stock for short term is SELL. Signal strength is Weak and stock is gaining 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
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 8.51 and Drdgold (DRD) stock is trading below this level. This means that stock is falling with high volumes. 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Drdgold ( (DRD) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Drdgold ( (DRD) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Drdgold stock for short term is SELL. Signal strength is Weak and stock is gaining 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
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 8.51 and Drdgold (DRD) stock is trading below this level. This means that stock is falling with high volumes. 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.