(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 2024-05-22 View latest technical analysis
10 day averaged volume of Dr Reddy is 291160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 69.69 | 69.23 | 70.15 | 69.23 | 1.49 times |
| 21 Tue May 2024 | 68.92 | 68.84 | 69.16 | 68.58 | 0.738 times |
| 20 Mon May 2024 | 68.71 | 68.35 | 69.00 | 68.35 | 0.79 times |
| 17 Fri May 2024 | 68.26 | 69.18 | 69.18 | 68.16 | 0.694 times |
| 16 Thu May 2024 | 69.30 | 69.56 | 69.60 | 69.01 | 0.815 times |
| 15 Wed May 2024 | 69.65 | 70.00 | 70.11 | 69.39 | 1.076 times |
| 14 Tue May 2024 | 69.67 | 69.80 | 69.99 | 69.00 | 1.355 times |
| 13 Mon May 2024 | 69.88 | 69.52 | 70.21 | 69.52 | 0.94 times |
| 10 Fri May 2024 | 69.17 | 69.61 | 70.03 | 69.13 | 1.952 times |
| 09 Thu May 2024 | 69.46 | 70.59 | 70.59 | 69.03 | 1.192 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 69.1 as stoploss in an intra day buy trade for a target of 71.54. However, stock will show a bearish move below 69.1.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 67.16 |
| 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 | 68.64 |
| Downside Intraday Target | 67.6 |
| Upside Intraday Target | 70.44 |
| Upside Intraday Target | 71.2 |
| Downside Intraday Target | 69.4 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 69.69 | 68.35 | 70.15 | 68.35 | 0.618 times |
| 17 Fri May 2024 | 68.26 | 69.52 | 70.21 | 68.16 | 0.985 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 |
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 |
| 22 Wed May 2024 | 69.69 | 73.38 | 75.43 | 68.16 | 1.069 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dr Reddy 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dr Reddy in short term and BUY 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
Stock of Dr Reddy is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 69.34 and Dr Reddy (RDY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dr Reddy 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Dr Reddy in short term and BUY 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
Stock of Dr Reddy is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 69.34 and Dr Reddy (RDY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.