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(DRRX) Durect Corporation complete technical analysis [charts+indicators] | Buy/Sell Durect Corporation | (DRRX) share price targets

Complete technical analysis of Durect Corporation (DRRX) by charts plus indicators, forecast predictions and share price targets for Durect Corporation (DRRX)

Durect Corporation trades in USA in Health Care sector.

10 day averaged volume of Durect Corporation is 136257

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 0.94 0.97 0.97 0.90 0.461 times
15 Wed May 2024 0.96 0.91 0.96 0.90 0.901 times
14 Tue May 2024 0.92 1.04 1.04 0.74 2.113 times
13 Mon May 2024 1.07 1.09 1.15 1.01 0.719 times
10 Fri May 2024 1.06 1.13 1.18 1.01 0.738 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.9 as stoploss in an intra day buy trade for a target of 0.99. However, stock will show a bearish move below 0.9.

Share price targets for Durect Corporation (DRRX)

Target Type Value
Downside Target 0.51
Downside Target 0.68
Downside Target 0.72
Downside Target 0.74
Downside Target 0.80
Downside Target 0.85
Downside Target 0.87
Downside Target 0.94
Upside Target 1.11
Upside Target 1.15
Upside Target 1.19
Upside Target 1.23
Upside Target 1.29
Upside Target 1.44

Intraday share price targets for Durect Corporation (DRRX)

Target Type Value
Downside Intraday Target 0.74
Downside Intraday Target 0.53
Upside Intraday Target 1.15
Upside Intraday Target 1.35
Upside Intraday Target 0.94

Weekly technical analysis of Durect Corporation (DRRX)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 0.94 1.09 1.15 0.74 0.932 times
10 Fri May 2024 1.06 1.19 1.29 0.96 1.393 times
03 Fri May 2024 1.16 0.90 1.19 0.87 1.206 times
26 Fri Apr 2024 0.93 0.85 0.97 0.80 0.725 times
19 Fri Apr 2024 0.87 0.77 0.95 0.72 0.75 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Durect Corporation (DRRX)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 0.94 0.95 1.29 0.74 0.622 times
30 Tue Apr 2024 0.96 1.23 1.23 0.72 0.629 times
28 Thu Mar 2024 1.21 0.98 1.44 0.94 1.027 times
29 Thu Feb 2024 1.00 0.79 1.11 0.68 0.727 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Durect Corporation (DRRX)

Indicator Name Indicator Value Indicator Signal
ADX 38, 38, 0 Sell
MACD 0, 0Sell
Stochastics 36None
CCI -102Sell
RSI 44Sell
OBV 401340Sell
VWAP 1Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Durect Corporation ( (DRRX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Durect Corporation ( (DRRX) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Durect Corporation ( (DRRX) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Durect Corporation ( (DRRX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Durect Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Durect Corporation in short term but the sell signal is initial and weak.

Durect Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Durect Corporation in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Durect Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.05 and Durect Corporation (DRRX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Durect Corporation (DRRX) stock. Volume based technical analysis of Durect Corporation (DRRX) stock is negative.

Durect Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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