Meyka AI API is live for developers.Start building.
Advertisement
DRDGOLD Limited

DRDGOLD Limited (DRD) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for DRDGOLD Limited.

DRD●NYSE
Basic MaterialsGold
$20.78
$0.53(2.49%)
U.S. Market is Open · 10:36
Advertisement

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DRD Technical Analysis Summary

DRDGOLD Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.13)
Trend Strength:Moderate (ADX: 26.01)
Volatility:High (ATR: 1.30)
Support/Resistance:$20.44 – $27.15 (Bollinger Bands)

This mix signals that DRDGOLD Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 34.13

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.29

Bullish
Oversold zone signals rebound potential.

Williams %R: -78.41

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -9.64

Strongly Bearish
Sharp downside momentum.

Takeaway:DRDGOLD Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.35

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.01

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.30

Low
Low volatility, stable price action.

CCI (14): -81.89

Bearish
Bearish, momentum remains under pressure.

Takeaway:DRDGOLD Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$27.15
Middle Band (SMA 20)
$23.80
Lower Band
$20.44
Current Position
Within Bands

Takeaway:DRDGOLD Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$26.28
Middle Line (EMA 20)
$23.69
Lower Channel
$21.09
Squeeze Status
No Squeeze

Takeaway:DRDGOLD Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-3.19M
Money Flow Index40.46Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.01Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:DRD shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of DRDGOLD Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:DRDGOLD Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ