(RDY) Dr Reddy complete technical analysis [charts+indicators] | Buy/Sell Dr Reddy | (RDY) share price targets
Complete technical analysis of Dr Reddy (RDY) by charts plus indicators, forecast predictions and share price targets for Dr Reddy (RDY)
Dr Reddy trades in USA in Health Care sector.
Showing technical analysis as on 2024-05-16 View latest technical analysis
10 day averaged volume of Dr Reddy is 290134
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 69.30 | 69.56 | 69.60 | 69.01 | 0.818 times |
| 15 Wed May 2024 | 69.65 | 70.00 | 70.11 | 69.39 | 1.08 times |
| 14 Tue May 2024 | 69.67 | 69.80 | 69.99 | 69.00 | 1.36 times |
| 13 Mon May 2024 | 69.88 | 69.52 | 70.21 | 69.52 | 0.943 times |
| 10 Fri May 2024 | 69.17 | 69.61 | 70.03 | 69.13 | 1.959 times |
| 09 Thu May 2024 | 69.46 | 70.59 | 70.59 | 69.03 | 1.197 times |
| 08 Wed May 2024 | 71.50 | 71.58 | 71.92 | 71.03 | 0.449 times |
| 07 Tue May 2024 | 71.34 | 73.23 | 74.47 | 71.12 | 0.803 times |
| 06 Mon May 2024 | 74.88 | 74.95 | 75.19 | 74.84 | 0.565 times |
| 03 Fri May 2024 | 75.21 | 74.89 | 75.43 | 74.71 | 0.773 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 69.9, but if it comes above 69.9, then a intra day buy could be more profitable.
If you take a sell trade below 69.9, then use 69.9 as stoploss and 67.4 as target. However if you take a buy trade in stock , then use 69.9 as stoploss and 72.05 as target.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 67.16 |
| Downside Target | 69.00 |
| Upside Target | 73.38 |
| Upside Target | 73.60 |
| Upside Target | 74.78 |
| Upside Target | 75.19 |
| Upside Target | 75.22 |
| Upside Target | 75.43 |
| Upside Target | 77.29 |
| Upside Target | 77.72 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 68.8 |
| Downside Intraday Target | 68.29 |
| Upside Intraday Target | 70.01 |
| Upside Intraday Target | 70.71 |
| Upside Intraday Target | 69.5 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 69.30 | 69.52 | 70.21 | 69.00 | 0.845 times |
| 10 Fri May 2024 | 69.17 | 74.95 | 75.19 | 69.03 | 1.434 times |
| 03 Fri May 2024 | 75.21 | 74.83 | 75.43 | 73.38 | 0.887 times |
| 26 Fri Apr 2024 | 74.55 | 71.47 | 74.78 | 70.78 | 1.296 times |
| 19 Fri Apr 2024 | 71.14 | 71.33 | 71.90 | 70.72 | 1.111 times |
Price has moved up 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 Dr Reddy (RDY)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 69.30 | 73.38 | 75.43 | 69.00 | 0.803 times |
| 30 Tue Apr 2024 | 73.47 | 74.44 | 75.22 | 70.72 | 1.124 times |
| 28 Thu Mar 2024 | 73.35 | 74.66 | 77.29 | 72.06 | 0.866 times |
| 29 Thu Feb 2024 | 76.78 | 71.60 | 77.72 | 71.36 | 0.867 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 Dr Reddy (RDY)
Price action analysis of Dr Reddy ( (RDY) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Dr Reddy ( (RDY) ) 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 Dr Reddy ( (RDY) ) 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 Dr Reddy ( (RDY) ) 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 Dr Reddy stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
Dr Reddy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy 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 Dr Reddy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 70.48 and Dr Reddy (RDY) 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 Dr Reddy (RDY) stock. Volume based technical analysis of Dr Reddy (RDY) stock is negative.
Dr Reddy 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 Dr Reddy ( (RDY) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Dr Reddy ( (RDY) ) 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 Dr Reddy ( (RDY) ) 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 Dr Reddy ( (RDY) ) 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 Dr Reddy stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
Dr Reddy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy 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 Dr Reddy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 70.48 and Dr Reddy (RDY) 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 Dr Reddy (RDY) stock. Volume based technical analysis of Dr Reddy (RDY) stock is negative.
Dr Reddy 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.