(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 2024-08-05 View latest technical analysis
10 day averaged volume of Drdgold is 256836
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 9.01 | 9.10 | 9.10 | 8.65 | 1.978 times |
| 02 Fri Aug 2024 | 9.79 | 9.96 | 9.99 | 9.65 | 1.633 times |
| 01 Thu Aug 2024 | 9.97 | 10.20 | 10.22 | 9.82 | 1.376 times |
| 31 Wed Jul 2024 | 10.12 | 10.04 | 10.23 | 9.97 | 0.887 times |
| 30 Tue Jul 2024 | 9.91 | 9.87 | 9.97 | 9.73 | 1.098 times |
| 29 Mon Jul 2024 | 9.82 | 9.82 | 9.91 | 9.66 | 0.48 times |
| 26 Fri Jul 2024 | 9.75 | 9.78 | 9.91 | 9.71 | 0.68 times |
| 25 Thu Jul 2024 | 9.64 | 9.65 | 9.76 | 9.50 | 0.867 times |
| 24 Wed Jul 2024 | 9.65 | 9.92 | 10.07 | 9.63 | 1.171 times |
| 23 Tue Jul 2024 | 9.71 | 9.54 | 9.82 | 9.54 | 0.847 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 9.1, for a target of 9.5 or 9.78
Share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Target | 7.72 |
| Downside Target | 8.47 |
| Downside Target | 8.65 |
| Downside Target | 8.92 |
| Upside Target | 9.10 |
| Upside Target | 9.45 |
| Upside Target | 9.65 |
| Upside Target | 9.80 |
| 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 | 8.74 |
| Downside Intraday Target | 8.47 |
| Upside Intraday Target | 9.19 |
| Upside Intraday Target | 9.37 |
| Downside Intraday Target | 8.92 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 9.01 | 9.10 | 9.10 | 8.65 | 0.361 times |
| 02 Fri Aug 2024 | 9.79 | 9.82 | 10.23 | 9.65 | 1.21 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 |
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 |
| 05 Mon Aug 2024 | 9.01 | 10.20 | 10.22 | 8.65 | 0.238 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 9.68 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 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 9.68 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.