(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 2024-02-23 View latest technical analysis
10 day averaged volume of Drdgold is 275540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 6.83 | 6.79 | 6.91 | 6.63 | 1.311 times |
| 22 Thu Feb 2024 | 6.83 | 6.88 | 6.90 | 6.76 | 0.67 times |
| 21 Wed Feb 2024 | 6.91 | 7.01 | 7.05 | 6.81 | 1.057 times |
| 20 Tue Feb 2024 | 7.01 | 7.10 | 7.19 | 6.99 | 1.16 times |
| 16 Fri Feb 2024 | 6.97 | 6.99 | 7.15 | 6.96 | 1.015 times |
| 15 Thu Feb 2024 | 6.90 | 6.78 | 6.93 | 6.62 | 1.17 times |
| 14 Wed Feb 2024 | 6.71 | 7.00 | 7.01 | 6.56 | 1.347 times |
| 13 Tue Feb 2024 | 6.90 | 7.29 | 7.29 | 6.81 | 1.717 times |
| 12 Mon Feb 2024 | 7.45 | 7.33 | 7.49 | 7.29 | 0.814 times |
| 09 Fri Feb 2024 | 7.38 | 7.47 | 7.47 | 7.32 | 0.521 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.9, but if it comes above 6.9, then a intra day buy could be more profitable.
If you take a sell trade below 6.9, then use 6.9 as stoploss and 6.4 as target. However if you take a buy trade in stock , then use 6.9 as stoploss and 7.4 as target.
Share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Target | 6.56 |
| Upside Target | 7.17 |
| Upside Target | 7.49 |
| Upside Target | 7.91 |
| Upside Target | 7.97 |
| Upside Target | 8.11 |
| Upside Target | 8.25 |
| Upside Target | 8.28 |
| Upside Target | 9.50 |
| Upside Target | 9.68 |
| Upside Target | 9.74 |
Intraday share price targets for Drdgold (DRD)
| Target Type | Value |
| Downside Intraday Target | 6.58 |
| Downside Intraday Target | 6.32 |
| Upside Intraday Target | 7.14 |
| Upside Intraday Target | 7.44 |
| Upside Intraday Target | 6.88 |
Weekly technical analysis of Drdgold (DRD)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 6.83 | 7.10 | 7.19 | 6.63 | 0.692 times |
| 16 Fri Feb 2024 | 6.97 | 7.33 | 7.49 | 6.56 | 2.03 times |
| 09 Fri Feb 2024 | 7.38 | 7.66 | 7.97 | 7.32 | 0.539 times |
| 02 Fri Feb 2024 | 7.89 | 7.84 | 8.25 | 7.63 | 1.292 times |
| 26 Fri Jan 2024 | 7.77 | 7.29 | 7.91 | 7.25 | 0.873 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 |
| 23 Fri Feb 2024 | 6.83 | 7.87 | 8.25 | 6.56 | 0.682 times |
| 31 Wed Jan 2024 | 7.72 | 8.13 | 8.28 | 7.17 | 0.579 times |
| 29 Fri Dec 2023 | 7.95 | 9.35 | 9.50 | 7.53 | 1.915 times |
| 30 Thu Nov 2023 | 9.32 | 8.63 | 9.68 | 8.11 | 1.098 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 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 mid to longer 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.
ADX buy sell signal for Drdgold stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Drdgold in short term and the sell signal is strong.
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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 6.95 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 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 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 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 mid to longer 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.
ADX buy sell signal for Drdgold stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Drdgold in short term and the sell signal is strong.
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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 6.95 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.