(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 2024-11-06 View latest technical analysis
10 day averaged volume of Drdgold is 237540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 10.87 | 11.00 | 11.23 | 10.79 | 1.91 times |
| 05 Tue Nov 2024 | 11.84 | 11.74 | 11.88 | 11.70 | 0.693 times |
| 04 Mon Nov 2024 | 11.61 | 11.83 | 11.85 | 11.52 | 0.795 times |
| 01 Fri Nov 2024 | 11.99 | 12.20 | 12.31 | 11.98 | 0.94 times |
| 31 Thu Oct 2024 | 12.09 | 12.15 | 12.18 | 11.90 | 1.199 times |
| 30 Wed Oct 2024 | 12.25 | 12.49 | 12.49 | 12.07 | 0.839 times |
| 29 Tue Oct 2024 | 12.45 | 12.21 | 12.50 | 12.21 | 0.556 times |
| 28 Mon Oct 2024 | 12.13 | 12.01 | 12.24 | 12.01 | 1.038 times |
| 25 Fri Oct 2024 | 12.04 | 12.35 | 12.40 | 11.96 | 1.239 times |
| 24 Thu Oct 2024 | 12.33 | 12.58 | 12.70 | 12.01 | 1.423 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.8 as stoploss in an intra day buy trade for a target of 11.61. However, stock will show a bearish move below 10.8.
Share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Target | 7.64 |
| Downside Target | 8.21 |
| Downside Target | 8.47 |
| Downside Target | 9.49 |
| Downside Target | 10.22 |
| Downside Target | 10.69 |
| Upside Target | 11.88 |
| Upside Target | 11.96 |
| Upside Target | 12.10 |
| Upside Target | 12.31 |
| Upside Target | 12.50 |
| Upside Target | 12.70 |
Intraday share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Intraday Target | 10.48 |
| Downside Intraday Target | 10.09 |
| Upside Intraday Target | 11.57 |
| Upside Intraday Target | 12.27 |
| Upside Intraday Target | 11.18 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 10.87 | 11.83 | 11.88 | 10.79 | 0.743 times |
| 01 Fri Nov 2024 | 11.99 | 12.01 | 12.50 | 11.90 | 0.703 times |
| 25 Fri Oct 2024 | 12.04 | 12.54 | 12.70 | 11.96 | 1.074 times |
| 18 Fri Oct 2024 | 12.03 | 10.70 | 12.10 | 10.26 | 1.232 times |
| 11 Fri Oct 2024 | 10.45 | 9.72 | 10.70 | 9.62 | 1.054 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 |
| 06 Wed Nov 2024 | 10.87 | 12.20 | 12.31 | 10.79 | 0.177 times |
| 31 Thu Oct 2024 | 12.09 | 9.78 | 12.70 | 9.49 | 0.659 times |
| 30 Mon Sep 2024 | 9.64 | 8.13 | 10.44 | 7.64 | 1.296 times |
| 30 Fri Aug 2024 | 8.27 | 10.20 | 10.22 | 8.21 | 1.269 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 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 to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Drdgold in short term but the sell signal is initial and weak.
Drdgold Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 11.87 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 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 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 to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Drdgold in short term but the sell signal is initial and weak.
Drdgold Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 11.87 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.