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(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 2024-08-20 View latest technical analysis

10 day averaged volume of Dr Reddy is 196246

Date Daily Closing Price Open High Low Volume
20 Tue Aug 2024 83.18 82.75 83.50 82.60 0.726 times
19 Mon Aug 2024 82.77 82.11 82.97 82.11 0.769 times
16 Fri Aug 2024 81.77 81.53 82.04 81.40 0.639 times
15 Thu Aug 2024 81.53 81.61 81.81 81.46 0.517 times
14 Wed Aug 2024 81.43 81.43 82.22 81.23 0.8 times
13 Tue Aug 2024 83.32 82.56 83.63 82.56 0.795 times
12 Mon Aug 2024 82.24 82.87 82.94 82.18 0.926 times
09 Fri Aug 2024 83.95 84.27 84.46 83.56 0.623 times
08 Thu Aug 2024 83.88 83.28 84.15 83.11 1.045 times
07 Wed Aug 2024 82.70 82.74 84.03 82.66 1.983 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 83.1, but if it comes below 83.1, then a intra day sell could be more profitable.
If you take a sell trade below 83.1, then use 83.1 as stoploss and 82.05 as target. However if you take a buy trade in stock , then use 83.1 as stoploss and 84.4 as target.

Share price targets for Dr Reddy (RDY)

Target Type Value
Downside Target 68.07
Downside Target 70.72
Downside Target 75.09
Downside Target 79.49
Downside Target 81.98
Downside Target 82.11
Downside Target 82.89
Upside Target 83.25
Upside Target 83.50
Upside Target 83.63
Upside Target 84.46

Intraday share price targets for Dr Reddy (RDY)

Target Type Value
Downside Intraday Target 82.36
Downside Intraday Target 81.54
Upside Intraday Target 83.75
Upside Intraday Target 84.32
Downside Intraday Target 82.93

Weekly technical analysis of Dr Reddy (RDY)

Date Weekly Closing Price Open High Low Volume
20 Tue Aug 2024 83.18 82.11 83.50 82.11 0.407 times
16 Fri Aug 2024 81.77 82.87 83.63 81.23 0.53 times
09 Fri Aug 2024 83.95 81.07 84.46 79.50 1.166 times
02 Fri Aug 2024 83.20 81.22 83.25 80.12 1.115 times
26 Fri Jul 2024 81.22 80.03 81.98 79.49 0.752 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
20 Tue Aug 2024 83.18 81.98 84.46 79.50 0.516 times
31 Wed Jul 2024 81.28 76.11 82.89 75.09 1.02 times
28 Fri Jun 2024 76.19 69.30 76.83 68.43 0.843 times
31 Fri May 2024 68.68 73.38 75.43 68.07 1.559 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Dr Reddy ( (RDY) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Dr Reddy stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Dr Reddy in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 82.73 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 positive

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Dr Reddy ( (RDY) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Dr Reddy stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Dr Reddy in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 82.73 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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