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Drax DRXGF Price Prediction

$9.92   0.000000%
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Sentiment
BULLISH 87.88%     
     BEARISH 12.12%
SMA 50
$9.25
SMA 200
$8.55
RSI (14)
84.70
Momentum (10)
0.42
MACD (12, 26)
0.06
Hull Moving Average (9)
$10.02
Price   Prediction

Drax Price Prediction up to $12.03 by 2030

Year Min. Price Max. Price
2025 - 2029 $9.56 $13.04
2030 - 2034 $10.11 $17.52
2035 - 2039 $16.86 $28.87
2040 - 2044 $20.98 $37.76
2045 - 2049 $33.86 $40.06
2050 - 2054 $37.70 $64.96
2055 - 2059 $47.62 $68.95
2060 - 2064 $69.07 $143.81
2065 - 2069 $104.53 $154.51
2070 - 2074 $133.30 $198.53

Long-term Drax price prediction for 2026, 2027, 2028, 2029, 2030, 2031 and 2036

Drax price prediction 2025

The Drax price forecast for 2025 suggests that the average price could range between $9.93 on the lower end and $10.52 on the high end. In the stock market, compared to today’s average price, Drax could potentially gain 6.16% by 2025 if DRXGF reaches the forecast price target.

Drax price prediction 2026-2031

The DRXGF price prediction for 2026-2031 is currently within a price range of $10.18 on the lower end and $12.18 on the high end. Considering the price volatility in the market, if Drax reaches the upper price target, it could gain 22.89% by 2027 compared to today’s price.

Drax Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2026 $10.49 $11.53 $12.56
2027 $11.32 $12.18 $13.04
2028 $9.56 $10.66 $11.77
2029 $9.57 $10.18 $10.79
2030 $10.11 $11.07 $12.03
2031 $11.52 $11.98 $12.44

Drax price prediction 2031-2036

The Drax price prediction for 2031-2036 is currently estimated to be between $11.98 on the lower end and $22.12 on the high end. Compared to the current price, Drax could potentially gain 123.17% by 2036 if it reaches the upper price target. Please note that this information is for general purposes only and should not be considered long-term investment advice.

Drax Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2031 $11.52 $11.98 $12.44
2032 $12.23 $13.04 $13.86
2033 $13.90 $14.93 $15.96
2034 $15.54 $16.53 $17.52
2035 $16.86 $18.47 $20.09
2036 $19.46 $22.12 $24.78

Drax potential price histogram

Drax Price Forecast Based on Technical Analysis

Market Sentiment Indicator
BULLISH 87.88%
BEARISH 12.12%

As of November 21, 2025, the overall price prediction sentiment for Drax is BULLISH, with 29 technical indicators showing bullish signals and 4 indicating bearish signals. The DRXGF price prediction was last updated on November 21, 2025.

Drax's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

According to our technical indicators, Drax's 200-day SMA is projected to INCREASE over the next month, reaching $8.89 by Dec 20, 2025. The short-term 50-day SMA for Drax is expected to reach $9.79 by Dec 20, 2025.

The Relative Strength Index (RSI) momentum oscillator is a commonly used tool to identify if a stock is oversold (below 30) or overbought (above 70). Right now, the RSI stands at 84.70, suggesting that the DRXGF market is in a SELL state.

Popular DRXGF Moving Averages and Oscillators for Sat, Oct 19, 2024

Moving averages (MA) are widely used indicators across financial markets, designed to smooth out price movements over a set period. As lagging indicators, they are based on historical price data. The table below highlights two types: the simple moving average (SMA) and the exponential moving average (EMA).

Daily Simple Moving Average (SMA)

Period Value Action
SMA 3 $9.91 NEUTRAL
SMA 5 $9.83 BUY
SMA 10 $9.66 BUY
SMA 21 $9.41 BUY
SMA 50 $9.25 BUY
SMA 100 $9.28 BUY
SMA 200 $8.55 BUY

Daily Exponential Moving Average (EMA)

Period Value Action
EMA 3 $9.88 BUY
EMA 5 $9.83 BUY
EMA 10 $9.69 BUY
EMA 21 $9.51 BUY
EMA 50 $9.33 BUY
EMA 100 $9.12 BUY
EMA 200 $8.75 BUY

Weekly Simple Moving Average (SMA)

Period Value Action
SMA 21 $9.33 BUY
SMA 50 $8.45 BUY
SMA 100 $7.81 BUY
SMA 200 $7.74 BUY

Weekly Exponential Moving Average (EMA)

Period Value Action
EMA 21 $9.21 BUY
EMA 50 $8.67 BUY
EMA 100 $8.13 BUY
EMA 200 $7.51 BUY

Drax Oscillators

An oscillator is a technical analysis tool that sets high and low boundaries between two extremes, creating a trend indicator that fluctuates within these limits. Traders use this indicator to identify short-term overbought or oversold conditions.

Period Value Action
RSI (14) 84.70 SELL
Stoch RSI (14) 89.33 SELL
Stochastic Fast (14) 100 SELL
Commodity Channel Index (20) 117.37 SELL
Average Directional Index (14) 60.21 SELL
Awesome Oscillator (5, 34) 0.56 BUY
Momentum (10) 0.42 SELL
MACD (12, 26) 0.06 NEUTRAL
Williams Percent Range (14) -0 SELL
Ultimate Oscillator (7, 14, 28) 93.28 SELL
VWMA (10) $9.91 SELL
Hull Moving Average (9) $10.02 BUY
Ichimoku Cloud B/L (9, 26, 52, 26) -0.12 NEUTRAL

Drax forecast and prediction overview

You may ask questions like: "Should I invest in Drax now?", "Should I buy DRXGF today?", "Will Drax be a good or bad investment in short-term, long-term period?".

We update Drax forecast projection regularly with fresh values. Look at our similar predictions. We making a forecast of future prices for huge amounts of assets like Drax with technical analysis methods.

If you are trying to find stocks with good returns, you should explore the maximum of available sources of information about Drax in order to make such a responsible decision about the investment by yourself.

Drax price equal to 9.92 USD USD today, but the price can go both up and down and your investment may be at risk because stocks are subject to market volatility

Drax short-term forecast

based on 4 hour price history

Drax long-term forecast

based on 1 month price history

Frequently Asked Questions about Drax

Is DRXGF a good investment?

The determination to procure Drax is entirely contingent on your individualistic risk tolerance. As you may discern, Drax's value has experienced a fall of 0% during the preceding 24 hours, and Drax has incurred a growth of 4.04% over the prior 30-day duration. Consequently, the determination of whether or not to invest in Drax will hinge on whether such an investment aligns with your trading aspirations.

Can Drax rise?

It appears that the mean value of Drax may potentially surge to $10.52 by the end of this year. Looking at Drax's prospects in a more extended five-year timeline, the stock could potentially growth to as much as $12.03. However, given the market's unpredictability, it is vital to conduct thorough research before investing any funds into a particular company or asset.

What will the price of Drax be next week?

Based on the our new experimental Drax forecast, the price of Drax will increase by 0.73% over the next week and reach $9.99 by November 28, 2025.

What will the price of Drax be next month?

Based on the our new experimental Drax forecast, the price of Drax will increase by 2.3% over the next month and reach $10.14 by December 21, 2025.

How high can Drax’s price go this year in 2025?

As per our most recent prediction on Drax's value in 2025, DRXGF is anticipated to fluctuate within the range of $9.93 and $10.52. However, it is crucial to bear in mind that the stock market is exceptionally unstable, and this projected Drax price forecast fails to consider sudden and extreme price fluctuations.

Where will Drax be in 5 years?

Drax's future appears to be on an upward trend, with an maximum price of $12.03 projected after a period of five years. Based on the Drax forecast for 2030, Drax's value may potentially reach its highest peak of approximately $12.03, while its lowest peak is anticipated to be around $10.11.

How much will be Drax in 2025?

Based on the our new experimental Drax price prediction simulation, DRXGF’s value in 2025 expected to grow by 6.16% to $10.52 if the best happened. The price will be between $10.52 and $9.93 during 2025.

How much will be Drax in 2026?

According to our latest experimental simulation for Drax price prediction, DRXGF’s value could rise by 26.69% to $12.56 in 2026, assuming the most favorable conditions. The price is projected to fluctuate between $12.56 and $10.49 throughout the year.

How much will be Drax in 2027?

Our new experimental Drax price prediction model suggests that DRXGF’s value in 2027 could increase by 31.53% , reaching $13.04 in the best-case scenario. The price is expected to range between $13.04 and $11.32 during the year.

How much will be Drax in 2028?

Based on our experimental forecast model, Drax's value may experience a 18.74% growth in 2028, potentially reaching $11.77 under optimal conditions. The predicted price range for 2028 lies between $11.77 and $9.56.

How much will be Drax in 2029?

Using our new experimental simulation for Drax price predictions, DRXGF’s value in 2029 is expected to rise by 8.84% , reaching $10.79 in the best scenario. The price is forecasted to range between $10.79 and $9.57 over the course of 2029.

How much will be Drax in 2030?

Our experimental simulation indicates that Drax’s price could grow by 21.33% in 2030, potentially hitting $12.03 under ideal conditions. The price will likely fluctuate between $12.03 and $10.11 during the year.

How much will be Drax in 2031?

Based on the findings from our latest experimental Drax price prediction, DRXGF could see a 25.51% rise in value, reaching $12.44 if the most positive scenario plays out in 2031. The price is expected to stay within a range of $12.44 and $11.52 throughout the year.

How much will be Drax in 2032?

According to our experimental Drax price prediction, DRXGF’s value is anticipated to rise by 39.86% in 2032, with the highest potential price being $13.86. Throughout the year, DRXGF’s price could range from $13.86 and $12.23.

How much will be Drax in 2033?

The results from our new Drax price prediction simulation suggest that DRXGF may rise by 61.05% in 2033, potentially reaching $15.96 under the best circumstances. The predicted price range for the year is between $15.96 and $13.90.

How much will be Drax in 2034?

Based on our experimental forecast for Drax’s price, DRXGF could grow by 76.72% , with the value potentially hitting $17.52 in 2034. The expected price range for the year lies between $17.52 and $15.54.

How much will be Drax in 2035?

Our recent Drax price prediction simulation suggests that DRXGF’s value might rise by 102.71% in 2035, possibly reaching $20.09 if conditions are optimal. The expected price range for 2035 is between $20.09 and $16.86.

How much will be Drax in 2036?

According to the experimental simulation, Drax’s value could rise by 150.02% in 2036, with a high of $24.78 under favorable conditions. The price is expected to fall between $24.78 and $19.46 over the course of the year.

How to read and predict Drax price movements?

Drax traders use indicators and chart patterns to predict market direction. They also identify key support and resistance levels to gauge when a downtrend might slow or an uptrend might stall.

Drax Price Prediction Indicators

Moving averages are popular tools for Drax price prediction. A simple moving average (SMA) calculates the average closing price of DRXGF over a specific period, like a 12-day SMA. An exponential moving average (EMA) gives more weight to recent prices, reacting faster to price changes.

Commonly used moving averages in the stock market include the 50-day, 100-day, and 200-day averages, which help identify key resistance and support levels. A DRXGF price move above these averages is seen as bullish, while a drop below indicates weakness.

Traders also use RSI and Fibonacci retracement levels to gauge DRXGF's future direction.

How to read Drax charts and predict price movements?

Most traders prefer candlestick charts over simple line charts because they provide more detailed information. Candlesticks can represent Drax's price action in different time frames, such as 5-minute for short-term and weekly for long-term trends. Popular choices include 1-hour, 4-hour, and 1-day charts.

A 1-hour candlestick chart, for instance, shows DRXGF's opening, closing, highest, and lowest prices within each hour. The candle's color is crucial: green indicates the price closed higher than it opened, while red means the opposite. Some charts use hollow and filled candlesticks to convey the same information.

What affects the price of Drax?

Drax's price action is driven by supply and demand. Real-world events, such as regulations, company news, or global developments, also impact DRXGF's price. Drax's market capitalization can change rapidly.

Traders often monitor the activity of DRXGF "whales," large holders of Drax, as their actions can significantly influence price movements in the relatively small Drax market.

Bullish and bearish price prediction patterns

Traders often identify candlestick patterns to gain an edge in stock price predictions. Certain formations indicate bullish trends, while others suggest bearish movements.

Commonly followed bullish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers

Common bearish candlestick patterns:

  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man
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