(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 2024-07-31 View latest technical analysis
10 day averaged volume of Drdgold is 252506
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 10.12 | 10.04 | 10.23 | 9.97 | 0.902 times |
| 30 Tue Jul 2024 | 9.91 | 9.87 | 9.97 | 9.73 | 1.117 times |
| 29 Mon Jul 2024 | 9.82 | 9.82 | 9.91 | 9.66 | 0.489 times |
| 26 Fri Jul 2024 | 9.75 | 9.78 | 9.91 | 9.71 | 0.692 times |
| 25 Thu Jul 2024 | 9.64 | 9.65 | 9.76 | 9.50 | 0.882 times |
| 24 Wed Jul 2024 | 9.65 | 9.92 | 10.07 | 9.63 | 1.191 times |
| 23 Tue Jul 2024 | 9.71 | 9.54 | 9.82 | 9.54 | 0.861 times |
| 22 Mon Jul 2024 | 9.80 | 9.71 | 9.86 | 9.45 | 0.976 times |
| 19 Fri Jul 2024 | 9.78 | 9.61 | 9.89 | 9.59 | 1.13 times |
| 18 Thu Jul 2024 | 9.90 | 10.17 | 10.20 | 9.73 | 1.075 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10.1, but if it comes below 10.1, then a intra day sell could be more profitable.
If you take a sell trade below 10.1, then use 10.1 as stoploss and 9.73 as target. However if you take a buy trade in stock , then use 10.1 as stoploss and 10.5 as target.
Share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Target | 6.89 |
| Downside Target | 7.72 |
| Downside Target | 8.47 |
| Downside Target | 8.90 |
| Downside Target | 9.14 |
| Downside Target | 9.45 |
| Downside Target | 9.52 |
| Downside Target | 9.66 |
| Downside Target | 9.80 |
| Downside Target | 10.07 |
| Upside Target | 10.23 |
| Upside Target | 10.69 |
Intraday share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Intraday Target | 9.78 |
| Downside Intraday Target | 9.43 |
| Upside Intraday Target | 10.35 |
| Upside Intraday Target | 10.57 |
| Downside Intraday Target | 10 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 10.12 | 9.82 | 10.23 | 9.66 | 0.545 times |
| 26 Fri Jul 2024 | 9.75 | 9.71 | 10.07 | 9.45 | 0.699 times |
| 19 Fri Jul 2024 | 9.78 | 9.67 | 10.69 | 9.50 | 1.748 times |
| 12 Fri Jul 2024 | 9.65 | 9.28 | 9.80 | 9.14 | 1.964 times |
| 05 Fri Jul 2024 | 9.39 | 8.90 | 9.52 | 8.90 | 1.017 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 |
| 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 |
| 30 Tue Apr 2024 | 7.80 | 8.46 | 9.24 | 7.77 | 1.008 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Drdgold in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 and the buying is gaining 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 9.81 and Drdgold (DRD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Drdgold in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 and the buying is gaining 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 9.81 and Drdgold (DRD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.