(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.
Showing technical analysis as on 2024-07-08 View latest technical analysis
10 day averaged volume of Durect Corporation is 94270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 1.26 | 1.32 | 1.38 | 1.17 | 2.255 times |
| 05 Fri Jul 2024 | 1.31 | 1.29 | 1.33 | 1.28 | 0.868 times |
| 03 Wed Jul 2024 | 1.28 | 1.36 | 1.36 | 1.28 | 0.261 times |
| 03 Wed Jul 2024 | 1.28 | 1.36 | 1.36 | 1.28 | 0.261 times |
| 02 Tue Jul 2024 | 1.36 | 1.34 | 1.45 | 1.30 | 1.055 times |
| 01 Mon Jul 2024 | 1.31 | 1.27 | 1.32 | 1.27 | 0.573 times |
| 28 Fri Jun 2024 | 1.29 | 1.35 | 1.36 | 1.28 | 1.2 times |
| 27 Thu Jun 2024 | 1.37 | 1.28 | 1.40 | 1.27 | 2.067 times |
| 26 Wed Jun 2024 | 1.32 | 1.40 | 1.42 | 1.31 | 0.861 times |
| 25 Tue Jun 2024 | 1.41 | 1.46 | 1.50 | 1.40 | 0.822 times |
Stock of Durect Corporation (DRRX) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.3, but if it comes above 1.3, then a intra day buy could be more profitable.
If you take a sell trade below 1.3, then use 1.3 as stoploss and 1.1 as target. However if you take a buy trade in stock , then use 1.3 as stoploss and 1.45 as target.
Share price targets for Durect Corporation (DRRX)
| Target Type | Value |
| Downside Target | 0.72 |
| Downside Target | 0.74 |
| Downside Target | 0.94 |
| Downside Target | 1.17 |
| Downside Target | 1.23 |
| Upside Target | 1.27 |
| Upside Target | 1.36 |
| Upside Target | 1.44 |
| Upside Target | 1.45 |
| Upside Target | 1.46 |
| Upside Target | 1.60 |
| Upside Target | 1.77 |
| Upside Target | 1.79 |
| Upside Target | 1.88 |
Intraday share price targets for Durect Corporation (DRRX)
| Target Type | Value |
| Downside Intraday Target | 1.16 |
| Downside Intraday Target | 1.06 |
| Upside Intraday Target | 1.37 |
| Upside Intraday Target | 1.48 |
| Upside Intraday Target | 1.27 |
Weekly technical analysis of Durect Corporation (DRRX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 1.26 | 1.32 | 1.38 | 1.17 | 1.998 times |
| 05 Fri Jul 2024 | 1.31 | 1.36 | 1.36 | 1.28 | 0.597 times |
| 03 Wed Jul 2024 | 1.28 | 1.27 | 1.45 | 1.27 | 0.271 times |
| 28 Fri Jun 2024 | 1.29 | 1.48 | 1.60 | 1.27 | 1.696 times |
| 21 Fri Jun 2024 | 1.51 | 1.73 | 1.79 | 1.46 | 1.201 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Durect Corporation (DRRX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 1.26 | 1.27 | 1.45 | 1.17 | 0.184 times |
| 28 Fri Jun 2024 | 1.29 | 1.75 | 1.88 | 1.27 | 0.498 times |
| 31 Fri May 2024 | 1.71 | 0.95 | 1.77 | 0.74 | 2.248 times |
| 30 Tue Apr 2024 | 0.96 | 1.23 | 1.23 | 0.72 | 0.629 times |
Scroll below to view daily charts
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)
Price action analysis of Durect Corporation ( (DRRX) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Durect Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Durect Corporation in short term and the sell signal is strong.
Durect Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1.32 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.
Price action analysis of Durect Corporation ( (DRRX) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Durect Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Durect Corporation in short term and the sell signal is strong.
Durect Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1.32 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.