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Stock Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

DRDGOLD Limited American Depositary Shares (NYSE:DRD)

Weak Downtrend (-65) - DRD is showing signs of a strengthening downtrend. Monitor DRD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid DRD?

MarketClub looks at technical strength and momentum to determine if the timing is right for DRD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_DRD
Open High Low DRD Price Change
7.93 8.01 7.75 7.82 -0.06
Entry Signal

MarketClub’s Trade Triangles for DRD

long term up The long-term trend has been UP since Apr 1st, 2024 at 8.55

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 8.12

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 7.84

Smart Scan Analysis for DRD

Based on our trend formula, DRD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.93 8.01 7.75 7.82 -0.06
Prev. Close Volume Bid Ask Time
7.83 164818 2024-05-03 15:59:57
Year High3.3832Year High Date2018-01-24
Year Low1.76Year Low Date2018-09-20
52wk High13.8552wk High Date2023-05-08
52wk Low6.4852wk Low Date2024-02-28
Year End Close8.06Average Volume337,446
Shares Outstanding69,643Short Interest117,437
% Institutional16.8Market Cap254M
Assets707,820,000MLiabilities163,830,000M
Beta1.05Volatility48.61
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