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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 2024-09-04 View latest technical analysis

10 day averaged volume of Dr Reddy is 154371

Date Daily Closing Price Open High Low Volume
04 Wed Sep 2024 81.73 81.20 81.94 81.20 1.647 times
03 Tue Sep 2024 81.10 81.90 82.07 80.68 0.977 times
30 Fri Aug 2024 83.47 83.52 83.55 82.97 1.106 times
30 Fri Aug 2024 83.47 83.52 83.56 82.97 1.106 times
29 Thu Aug 2024 82.27 83.10 83.10 82.24 0.624 times
28 Wed Aug 2024 83.22 82.49 83.84 82.49 0.819 times
27 Tue Aug 2024 82.49 82.28 82.83 82.27 1.067 times
26 Mon Aug 2024 82.40 81.95 82.76 81.88 0.643 times
23 Fri Aug 2024 82.16 83.01 83.01 82.00 1.789 times
22 Thu Aug 2024 82.61 83.72 83.72 82.33 0.75 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.8, but if it comes above 81.8, then a intra day buy could be more profitable.
If you take a sell trade below 81.8, then use 81.8 as stoploss and 80.7 as target. However if you take a buy trade in stock , then use 81.8 as stoploss and 82.66 as target.

Share price targets for Dr Reddy (RDY)

Target Type Value
Downside Target 68.07
Downside Target 75.09
Downside Target 79.50
Upside Target 82.07
Upside Target 82.89
Upside Target 82.97
Upside Target 83.55
Upside Target 83.63
Upside Target 83.84
Upside Target 84.23
Upside Target 84.46

Intraday share price targets for Dr Reddy (RDY)

Target Type Value
Downside Intraday Target 80.92
Downside Intraday Target 80.1
Upside Intraday Target 82.31
Upside Intraday Target 82.88
Downside Intraday Target 81.49

Weekly technical analysis of Dr Reddy (RDY)

Date Weekly Closing Price Open High Low Volume
04 Wed Sep 2024 81.73 81.90 82.07 80.68 2.372 times
30 Fri Aug 2024 83.47 83.52 83.55 82.97 0.26 times
30 Fri Aug 2024 83.47 81.95 83.84 81.88 0.766 times
23 Fri Aug 2024 82.16 82.11 84.23 82.00 1.189 times
16 Fri Aug 2024 81.77 82.87 83.63 81.23 0.53 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Dr Reddy (RDY)

Date Monthly Closing Price Open High Low Volume
04 Wed Sep 2024 81.73 81.90 82.07 80.68 0.097 times
30 Fri Aug 2024 83.47 81.98 84.46 79.50 0.772 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Dr Reddy ( (RDY) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Dr Reddy in short term but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Dr Reddy in short term but BUY signal is weak.

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 82.44 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Dr Reddy ( (RDY) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Dr Reddy in short term but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Dr Reddy in short term but BUY signal is weak.

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 82.44 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 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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