DRDGOLD (DRD) Technical Analysis: Signals, Charts & Indicators

8.06 / 10

Outperform

The technical landscape scores 8.06/10, characterizing exceptionally strong technical positioning. Favorable impulses from Bearish Engulfing, MACD Golden Cross, MACD Death Cross, Marubozu White, and Long Upper Shadow encounter resistance from no significant factors. Technical conclusion: highly bullish.

Analysis Checks(5/5)

Long Upper Shadow

Score8.27/10

Win Rate100.00%

Hist. Signals8

Avg Return7.14%

Bearish Engulfing

Score7.61/10

Win Rate85.71%

Hist. Signals7

Avg Return0.74%

MACD Death Cross

Score8.33/10

Win Rate80.00%

Hist. Signals10

Avg Return6.07%

MACD Golden Cross

Score7.77/10

Win Rate66.67%

Hist. Signals9

Avg Return1.93%

Marubozu White

Score8.33/10

Win Rate70.00%

Hist. Signals10

Avg Return2.94%

What is the current technical signals for DRD?

DRD presents a Outperform setup with a Technical Score of 8.06/10. Key technical indicators highlight an RSI of 50.03 and a MACD of 0.97, with the trend anchored by the 50-Day SMA at 32.88. Traders should monitor key support at 29.91 and resistance at 31.87.