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(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.

10 day averaged volume of Drdgold is 223130

Date Daily Closing Price Open High Low Volume
09 Fri Apr 2021 10.10 9.89 10.12 9.85 0.837 times
08 Thu Apr 2021 10.05 9.78 10.06 9.78 1.001 times
07 Wed Apr 2021 9.69 9.85 9.89 9.56 0.96 times
06 Tue Apr 2021 10.02 9.96 10.14 9.91 0.817 times
05 Mon Apr 2021 9.83 9.82 10.03 9.68 1.1 times
01 Thu Apr 2021 9.76 9.72 9.83 9.65 0.974 times
31 Wed Mar 2021 9.46 9.08 9.54 9.06 1.383 times
30 Tue Mar 2021 9.06 9.21 9.30 9.06 0.9 times
29 Mon Mar 2021 9.48 9.24 9.48 9.03 1.199 times
26 Fri Mar 2021 9.36 9.00 9.36 9.00 0.649 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, but if it comes below 10, then a intra day sell could be more profitable.
If you take a sell trade below 10, then use 10 as stoploss and 9.64 as target. However if you take a buy trade in stock , then use 10 as stoploss and 10.4 as target.

Share price targets for Drdgold (DRD)

Target Type Value
Downside Target 8.73
Downside Target 9.46
Downside Target 9.76
Downside Target 10.04
Downside Target 10.08
Upside Target 10.14
Upside Target 11.02
Upside Target 12.46
Upside Target 13.29

Intraday share price targets for Drdgold (DRD)

Target Type Value
Downside Intraday Target 9.73
Downside Intraday Target 9.35
Upside Intraday Target 10.31
Upside Intraday Target 10.51
Downside Intraday Target 9.93

Weekly technical analysis of Drdgold (DRD)

Date Weekly Closing Price Open High Low Volume
09 Fri Apr 2021 10.10 9.82 10.14 9.56 1.058 times
01 Thu Apr 2021 9.76 9.24 9.83 9.03 1.028 times
26 Fri Mar 2021 9.36 10.01 10.01 8.85 0.535 times
19 Fri Mar 2021 9.86 9.70 10.08 9.46 1.236 times
12 Fri Mar 2021 9.58 9.00 9.94 8.73 0.933 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
09 Fri Apr 2021 10.10 9.72 10.14 9.56 0.178 times
31 Wed Mar 2021 9.46 9.15 10.08 8.73 1.386 times
26 Fri Feb 2021 9.07 10.50 11.02 8.89 0.852 times
29 Fri Jan 2021 10.33 12.74 13.29 10.04 0.508 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 28, 23, 10 Buy
MACD 0, -0Buy
Stochastics 85Buy
CCI 86Buy
RSI 46Sell
OBV 384000Sell
VWAP 10Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

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 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 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 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 BUY. Signal strength is Weak 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 9.67 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.

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