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DRDGOLD Limited

DRDGF•PNK
Basic Materials
Gold
$3.58
$0.00(0.00%)
U.S. Market opens in 6h 23m

DRDGOLD Limited (DRDGF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for DRDGOLD Limited (PNK:DRDGF).

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

DRDGF Technical Analysis Summary

DRDGOLD Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.08)
Trend Strength:Very Strong (ADX: 44.73)
Volatility:Low (ATR: 0.06)
Support/Resistance:$3.21 – $3.91 (Bollinger Bands)

Technical conditions suggest DRDGOLD Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 58.08

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 22.97

Bearish
Momentum remains weak below midpoint.

Williams %R: -44.74

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.53

Bearish
Selling pressure outweighs buying.

Takeaway:DRDGOLD Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.08

Bullish
Bullish, trend momentum is strengthening.

ADX: 44.73

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): -43.05

Bearish
Bearish, momentum remains under pressure.

Takeaway:DRDGOLD Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.91
Middle Band (SMA 20)
$3.56
Lower Band
$3.21
Current Position
Within Bands

Takeaway:DRDGOLD Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$3.63
Middle Line (EMA 20)
$3.52
Lower Channel
$3.41
Squeeze Status
No Squeeze

Takeaway:DRDGOLD Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume5.90K
Money Flow Index8.87Bullish, oversold conditions signal rebound potential.
Relative Vigor Index19.33Bearish, price momentum favors sellers.

Overall Takeaway:DRDGF shows oversold money flow, with rebound potential building.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:DRDGOLD Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ