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Stock Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

DRDGOLD Limited American Depositary Shares (NYSE:DRD)

Strong Downtrend (-100) - DRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, DRD continues to fall. Traders should use caution and set stops.

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
9.00 9.19 8.84 8.92 +0.02
Entry Signal

MarketClub’s Trade Triangles for DRD

long term down The long-term trend has been DOWN since Aug 3rd, 2023 at 10.03

intermediate term down The intermediate-term trend has been DOWN since Sep 14th, 2023 at 9.30

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 8.96

Smart Scan Analysis for DRD

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

-100
Smart Scan Analysis for DRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.00 9.19 8.84 8.92 +0.02
Prev. Close Volume Bid Ask Time
8.90 130412 2023-09-22 15:59:59
Year High3.3832Year High Date2018-01-24
Year Low1.76Year Low Date2018-09-20
52wk High13.8552wk High Date2023-05-08
52wk Low4.6652wk Low Date2022-09-26
Year End Close8.06Average Volume207,736
Shares Outstanding69,643Short Interest117,437
% Institutional16.8Market Cap254M
Assets707,820,000MLiabilities163,830,000M
Beta1.05Volatility48.61
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