(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)
Intraday share price targets for Drdgold (DRD)
|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|
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.