(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 2024-06-12 View latest technical analysis
10 day averaged volume of Dr Reddy is 279290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 71.69 | 72.14 | 72.41 | 71.51 | 1.255 times |
| 11 Tue Jun 2024 | 72.02 | 72.20 | 72.26 | 71.79 | 0.693 times |
| 10 Mon Jun 2024 | 72.58 | 71.82 | 72.71 | 71.82 | 0.721 times |
| 07 Fri Jun 2024 | 71.36 | 71.76 | 71.98 | 71.26 | 1.017 times |
| 06 Thu Jun 2024 | 70.35 | 69.86 | 70.65 | 69.80 | 0.435 times |
| 05 Wed Jun 2024 | 69.53 | 69.44 | 69.82 | 69.28 | 1.311 times |
| 04 Tue Jun 2024 | 68.75 | 68.99 | 69.07 | 68.43 | 0.655 times |
| 03 Mon Jun 2024 | 69.45 | 69.30 | 69.99 | 68.95 | 1.031 times |
| 31 Fri May 2024 | 68.68 | 69.50 | 69.59 | 68.07 | 1.357 times |
| 30 Thu May 2024 | 69.86 | 70.17 | 70.31 | 69.56 | 1.309 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 71.1, but if it comes below 71.1, then a intra day sell could be more profitable.
If you take a sell trade below 71.1, then use 71.1 as stoploss and 69.97 as target. However if you take a buy trade in stock , then use 71.1 as stoploss and 72.5 as target.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 68.07 |
| Downside Target | 70.15 |
| Downside Target | 71.51 |
| Upside Target | 71.98 |
| Upside Target | 72.06 |
| Upside Target | 72.71 |
| 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 | 71.23 |
| Downside Intraday Target | 70.77 |
| Upside Intraday Target | 72.43 |
| Upside Intraday Target | 73.17 |
| Upside Intraday Target | 71.97 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 71.69 | 71.82 | 72.71 | 71.51 | 0.6 times |
| 07 Fri Jun 2024 | 71.36 | 69.30 | 71.98 | 68.43 | 0.885 times |
| 31 Fri May 2024 | 68.68 | 70.43 | 71.49 | 68.07 | 0.961 times |
| 24 Fri May 2024 | 69.53 | 68.35 | 70.15 | 68.35 | 1.029 times |
| 17 Fri May 2024 | 68.26 | 69.52 | 70.21 | 68.16 | 0.985 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 |
| 12 Wed Jun 2024 | 71.69 | 69.30 | 72.71 | 68.43 | 0.314 times |
| 31 Fri May 2024 | 68.68 | 73.38 | 75.43 | 68.07 | 1.559 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 |
Scroll below to view daily charts
Price has moved up 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 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.
Price action analysis of Dr Reddy ( (RDY) ) based on a short 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.
Price action analysis of Dr Reddy ( (RDY) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Dr Reddy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dr Reddy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Dr Reddy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 70.3 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 rising upwards.
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 is giving positive 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 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.
Price action analysis of Dr Reddy ( (RDY) ) based on a short 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.
Price action analysis of Dr Reddy ( (RDY) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Dr Reddy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Dr Reddy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Dr Reddy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 70.3 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 rising upwards.
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 is giving positive 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.