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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 2024-09-11 View latest technical analysis

10 day averaged volume of Dr Reddy is 174718

Date Daily Closing Price Open High Low Volume
11 Wed Sep 2024 79.26 79.17 79.41 78.59 0.669 times
10 Tue Sep 2024 78.89 79.86 79.86 78.81 1.037 times
09 Mon Sep 2024 79.61 79.66 80.25 79.30 1.219 times
06 Fri Sep 2024 79.20 79.88 80.40 79.17 1.316 times
05 Thu Sep 2024 79.64 80.59 80.59 79.51 0.88 times
04 Wed Sep 2024 81.73 81.20 81.94 81.20 1.456 times
03 Tue Sep 2024 81.10 81.90 82.07 80.68 0.863 times
30 Fri Aug 2024 83.47 83.52 83.55 82.97 0.977 times
30 Fri Aug 2024 83.47 83.52 83.56 82.97 0.978 times
29 Thu Aug 2024 82.27 83.10 83.10 82.24 0.552 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 80.2, but if it comes above 80.2, then a intra day buy could be more profitable.
If you take a sell trade below 80.2, then use 80.2 as stoploss and 78.3 as target. However if you take a buy trade in stock , then use 80.2 as stoploss and 81.75 as target.

Share price targets for Dr Reddy (RDY)

Target Type Value
Downside Target 68.07
Downside Target 75.09
Downside Target 78.59
Upside Target 81.88
Upside Target 82.07
Upside Target 82.89
Upside Target 82.97
Upside Target 83.55
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 78.48
Downside Intraday Target 77.71
Upside Intraday Target 80.14
Upside Intraday Target 81.03
Upside Intraday Target 79.37

Weekly technical analysis of Dr Reddy (RDY)

Date Weekly Closing Price Open High Low Volume
11 Wed Sep 2024 79.26 79.66 80.25 78.59 0.648 times
06 Fri Sep 2024 79.20 81.90 82.07 79.17 4.619 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

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
11 Wed Sep 2024 79.26 81.90 82.07 78.59 0.31 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 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 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 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 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 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 SELL signal for Dr Reddy in short term and SELL 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 80.81 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 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 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 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 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 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 SELL signal for Dr Reddy in short term and SELL 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 80.81 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.

Daily charts

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Daily chart
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