Buy now (tactical entry): Price is sitting just above major support (S2 ~30.19) after a sharp pullback, which favors a near-term rebound over chasing strength.
Setups are oversold/washed-out (RSI_6 ~31) even though trend momentum is still negative—good conditions for an impatient buyer looking for a bounce.
Sentiment leans bullish from options positioning (more calls than puts on open interest) and a notable analyst price-target raise.
Trend/momentum: Bearish momentum still in control—MACD histogram is negative (-0.758) and negatively expanding, indicating downside pressure hasn’t fully faded.
RSI: RSI_6 at 31.10 is near oversold territory, often consistent with late-stage selloffs and bounce potential.
Moving averages: Converging MAs suggest compression/consolidation after the drop—often a prelude to a sharper move.
Key levels:
Resistance: Pivot 35.29, then 38.44 (R1)
Support: 32.13 (S1) now overhead as near-term resistance, then 30.19 (S2) as the key downside “line in the sand”
Price location: Current 31.76 is below S1 (32.13) and well below pivot (35.29) → trend is down, but price is very close to strong support (S2) where bounces commonly start.
Pattern-based model: Similar candlestick-pattern study indicates ~80% chance of gains with projected moves of +7.74% (1D), +6.61% (1W), +8.85% (1M) (model-driven, not a guarantee).
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Positioning (Open Interest): Put/Call OI ratio 0.48 → calls outweigh puts, typically bullish positioning.
Flow (Today’s volume): Put/Call volume ratio 0.6 → more call volume than put volume, but absolute volume is tiny (8 contracts total), so sentiment signal is weak/low-confidence.
Volatility: IV 30d 62.19 with IV percentile 84.46 → options are priced for elevated moves; market is expecting/charging for volatility.
Activity vs baseline: Today’s volume vs 30-day average shows 6.3x, but from a very small base; don’t overread it.
Open interest: Total OI 6,558 with calls 4,417 vs puts 2,141 → skew remains call-heavy.
Technical Summary
Sell
4
Buy
9
Positive Catalysts
and reiterated Buy (2026-01-30).
Neutral/Negative Catalysts
Momentum still bearish: MACD histogram is negative and worsening, signaling the down move can persist before a durable bottom.
Overhead supply: Former support S1 (32.13) and pivot 35.29 are now resistance zones that can cap rebounds.
Options signal quality is limited: Extremely low contract volume today reduces confidence in reading sentiment from option flow.
No confirmed smart-money tailwinds: Hedge fund and insider activity are described as neutral with no notable recent trends.
Financial Performance
Not available: Latest quarter financial snapshot was not provided (data error: “list index out of range”), so growth, margins, and cash-flow trends for the latest quarter/season cannot be assessed from the supplied data.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Latest change (2026-01-30): H.C. Wainwright (Heiko Ihle) reiterated Buy and raised price target to $46.50 from $36.25.
What changed: Higher gold-price environment increases the perceived profit potential tied to the company’s “Vision 2028” plan.
Wall Street pros: Clear upside framing from the latest note; raised PT suggests improving conviction.
Wall Street cons: Only one detailed analyst action is provided here—breadth of coverage/consensus trend can’t be confirmed from the dataset alone.
Wall Street analysts forecast DRD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DRD is 36.25 USD with a low forecast of 36.25 USD and a high forecast of 36.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast DRD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DRD is 36.25 USD with a low forecast of 36.25 USD and a high forecast of 36.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 31.020
Low
36.25
Averages
36.25
High
36.25
Current: 31.020
Low
36.25
Averages
36.25
High
36.25
H.C. Wainwright
Heiko Ihle
maintain
AI Analysis
2026-01-30
Reason
H.C. Wainwright
Heiko Ihle
Price Target
AI Analysis
2026-01-30
maintain
Reason
H.C. Wainwright analyst Heiko Ihle raised the firm's price target on DRDGold to $46.50 from $36.25 and keeps a Buy rating on the shares. The gold price environment continues to increase the company's potential profit from "Vision 2028," the analyst tells investors in a research note. The firm believes DRDGold's Vision 2028 Initiative continues to generate interest and investment in the company.
H.C. Wainwright
H.C. Wainwright
Buy
upgrade
2025-10-17
Reason
H.C. Wainwright
H.C. Wainwright
Price Target
2025-10-17
upgrade
Buy
Reason
H.C. Wainwright raised the firm's price target on DRDGold to $36.25 from $30.50 and keeps a Buy rating on the shares following the Q1 production results. The firm believes the company remains on track to meet expectations following its performance this quarter while continuing to benefit from strong metal prices.
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