(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 2024-09-18 View latest technical analysis
10 day averaged volume of Drdgold is 312595
Date | Daily Closing Price | Open | High | Low | Volume |
18 Wed Sep 2024 | 9.03 | 9.11 | 9.59 | 8.98 | 1.608 times |
17 Tue Sep 2024 | 9.09 | 8.93 | 9.22 | 8.85 | 1.388 times |
16 Mon Sep 2024 | 9.01 | 8.49 | 9.21 | 8.49 | 2.657 times |
13 Fri Sep 2024 | 8.42 | 8.31 | 8.56 | 8.31 | 1.09 times |
12 Thu Sep 2024 | 8.26 | 7.93 | 8.36 | 7.88 | 1.06 times |
11 Wed Sep 2024 | 7.86 | 7.77 | 7.89 | 7.64 | 0.571 times |
10 Tue Sep 2024 | 7.90 | 7.84 | 7.91 | 7.74 | 0.588 times |
09 Mon Sep 2024 | 7.86 | 7.84 | 7.88 | 7.71 | 0.443 times |
06 Fri Sep 2024 | 7.83 | 7.97 | 8.02 | 7.80 | 0.691 times |
05 Thu Sep 2024 | 8.05 | 8.07 | 8.17 | 8.00 | 0.757 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 9.2, for a target of 8.7 or 8.34
Share price targets for Drdgold (DRD)
Target Type | Value |
Downside Target | 7.64 |
Downside Target | 8.17 |
Downside Target | 8.47 |
Downside Target | 8.56 |
Downside Target | 8.80 |
Downside Target | 8.92 |
Upside Target | 9.45 |
Upside Target | 9.59 |
Upside Target | 10.22 |
Upside Target | 10.69 |
Intraday share price targets for Drdgold (DRD)
Target Type | Value |
Downside Intraday Target | 8.48 |
Downside Intraday Target | 7.94 |
Upside Intraday Target | 9.58 |
Upside Intraday Target | 10.14 |
Upside Intraday Target | 9.04 |
Weekly technical analysis of Drdgold (DRD)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Wed Sep 2024 | 9.03 | 8.49 | 9.59 | 8.49 | 1.507 times |
13 Fri Sep 2024 | 8.42 | 7.84 | 8.56 | 7.64 | 1.298 times |
06 Fri Sep 2024 | 7.83 | 8.13 | 8.17 | 7.80 | 3.581 times |
30 Fri Aug 2024 | 8.27 | 8.42 | 8.49 | 8.21 | 0.152 times |
30 Fri Aug 2024 | 8.27 | 8.76 | 8.80 | 8.21 | 0.868 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Drdgold (DRD)
Date | Monthly Closing Price | Open | High | Low | Volume |
18 Wed Sep 2024 | 9.03 | 8.13 | 9.59 | 7.64 | 0.564 times |
30 Fri Aug 2024 | 8.27 | 10.20 | 10.22 | 8.21 | 1.269 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 |
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 gaining momentum.
MACD generated a BUY signal for Drdgold in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 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 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 8.58 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 gaining momentum.
MACD generated a BUY signal for Drdgold in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 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 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 8.58 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.