NYSE:DRD • US26152H3012
Overall DRD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DRD is showing a nice and steady performance.
Besides having an excellent technical rating, DRD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
18.61
5 important support areas can be observed.
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 | UP | POSITIVE | The short term trend for DRD is up. |
| ChartMill Relative Strength | 97.54 | POSITIVE | DRD has a high relative strength, it outperformed 97.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DRD is above a declining 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) | 57.49 | NEUTRAL | The RSI value for DRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests DRD has a positive trend. |
| Stochastics (14,3) | 87.59 | OVERBOUGHT | The high Stochastics value suggests DRD may be overbought. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for DRD suggests high volalility. |
| Average Directional Index/ADX (14) | 11.7 | NEGATIVE | The low ADX value for DRD suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.86 | 36.72 | 1.14 (3.01%) | 25.00% |
| An entry @37.86. This is a Buy Stop order right above the 10 day high. | An exit @36.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.14 points, which is 3.01%. | For a 0.75% total portfolio risk, you can invest 25.00% of your capital in this trade. |
37.07
+0.26 (+0.71%)
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 57.4907. This indicates that the stock is currently neutral.
The short term momentum for DRDGOLD LTD-SPONSORED ADR (DRD) is positive.
The buy/sell signal for DRDGOLD LTD-SPONSORED ADR (DRD) is buy as both the short term and long term trends are positive.