USA - New York Stock Exchange - NYSE:DRD - US26152H3012 - ADR
We assign a technical rating of 10 out of 10 to DRD. Both in the recent history as in the last year, DRD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although DRD has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
17.30
When analyzing the support we can see 2 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DRD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRD is neutral. |
| ChartMill Relative Strength | 98.49 | POSITIVE | DRD has a high relative strength, it outperformed 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DRD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.21 | NEUTRAL | The RSI value for DRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests DRD has a negative trend. |
| Stochastics (14,3) | 27.21 | NEUTRAL | The Stochastics value for DRD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for DRD suggests high volalility. |
| Average Directional Index/ADX (14) | 21.77 | NEUTRAL | The ADX value for DRD suggests a possible start of a new trend. |
30.32
-0.69 (-2.23%)
ChartMill assigns a technical rating of 10 / 10 to DRD.
The current trend direction for DRDGOLD LTD-SPONSORED ADR (DRD) is Bullish.
DRDGOLD LTD-SPONSORED ADR (DRD) has an RSI value of 49.2147. This indicates that the stock is currently neutral.
The short term momentum for DRDGOLD LTD-SPONSORED ADR (DRD) is neutral.