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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.
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MarketClub’s Trade Triangles for DRD
The long-term trend has been DOWN since Aug 3rd, 2023 at 10.03
The intermediate-term trend has been DOWN since Sep 14th, 2023 at 9.30
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).
| 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 High | 3.3832 | Year High Date | 2018-01-24 |
| Year Low | 1.76 | Year Low Date | 2018-09-20 |
| 52wk High | 13.85 | 52wk High Date | 2023-05-08 |
| 52wk Low | 4.66 | 52wk Low Date | 2022-09-26 |
| Year End Close | 8.06 | Average Volume | 207,736 |
| Shares Outstanding | 69,643 | Short Interest | 117,437 |
| % Institutional | 16.8 | Market Cap | 254M |
| Assets | 707,820,000M | Liabilities | 163,830,000M |
| Beta | 1.05 | Volatility | 48.61 |