(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 2024-10-09 View latest technical analysis
10 day averaged volume of Dr Reddy is 139700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 78.76 | 78.43 | 79.13 | 78.43 | 1.323 times |
| 08 Tue Oct 2024 | 78.75 | 78.68 | 78.95 | 78.38 | 1.165 times |
| 07 Mon Oct 2024 | 77.66 | 78.05 | 78.41 | 77.21 | 0.79 times |
| 04 Fri Oct 2024 | 78.27 | 79.00 | 79.37 | 78.20 | 0.966 times |
| 03 Thu Oct 2024 | 79.57 | 79.40 | 79.81 | 79.31 | 1.155 times |
| 02 Wed Oct 2024 | 79.29 | 79.53 | 79.68 | 79.12 | 1.024 times |
| 01 Tue Oct 2024 | 79.65 | 79.06 | 79.78 | 78.71 | 1.198 times |
| 30 Mon Sep 2024 | 79.45 | 79.73 | 80.96 | 79.17 | 1.392 times |
| 27 Fri Sep 2024 | 79.67 | 79.85 | 80.59 | 79.60 | 0.901 times |
| 26 Thu Sep 2024 | 79.93 | 80.17 | 80.34 | 79.50 | 0.696 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 78.6 as stoploss in an intra day buy trade for a target of 79.24. However, stock will show a bearish move below 78.6.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 68.43 |
| Downside Target | 75.09 |
| Downside Target | 76.83 |
| Upside Target | 79.81 |
| Upside Target | 80.40 |
| Upside Target | 80.59 |
| Upside Target | 80.68 |
| Upside Target | 80.96 |
| Upside Target | 82.07 |
| Upside Target | 82.89 |
| Upside Target | 84.46 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 77.6 |
| Downside Intraday Target | 76.45 |
| Upside Intraday Target | 79.52 |
| Upside Intraday Target | 80.29 |
| Downside Intraday Target | 78.37 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 78.76 | 78.05 | 79.13 | 77.21 | 0.572 times |
| 04 Fri Oct 2024 | 78.27 | 79.73 | 80.96 | 78.20 | 1.398 times |
| 27 Fri Sep 2024 | 79.67 | 80.42 | 80.59 | 78.67 | 0.93 times |
| 20 Fri Sep 2024 | 78.54 | 80.40 | 80.40 | 77.96 | 0.66 times |
| 13 Fri Sep 2024 | 80.37 | 79.66 | 80.68 | 78.59 | 1.184 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 |
| 09 Wed Oct 2024 | 78.76 | 79.06 | 79.81 | 77.21 | 0.343 times |
| 30 Mon Sep 2024 | 79.45 | 81.90 | 82.07 | 77.96 | 0.74 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 |
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 neutral. A longer time frame might give a better analysis.
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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 79.12 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 neutral. A longer time frame might give a better analysis.
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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 79.12 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.