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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 2024-10-11 View latest technical analysis

10 day averaged volume of Dr Reddy is 158930

Date Daily Closing Price Open High Low Volume
11 Fri Oct 2024 78.25 77.80 78.77 77.80 1.023 times
10 Thu Oct 2024 77.26 77.88 77.88 76.86 1.285 times
09 Wed Oct 2024 78.76 78.43 79.13 78.43 1.163 times
08 Tue Oct 2024 78.75 78.68 78.95 78.38 1.024 times
07 Mon Oct 2024 77.66 78.05 78.41 77.21 0.695 times
04 Fri Oct 2024 78.27 79.00 79.37 78.20 0.849 times
03 Thu Oct 2024 79.57 79.40 79.81 79.31 1.015 times
02 Wed Oct 2024 79.29 79.53 79.68 79.12 0.9 times
01 Tue Oct 2024 79.65 79.06 79.78 78.71 1.053 times
30 Mon Sep 2024 79.45 79.73 80.96 79.17 1.223 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 78.3, but if it comes above 78.3, then a intra day buy could be more profitable.
If you take a sell trade below 78.3, then use 78.3 as stoploss and 77.4 as target. However if you take a buy trade in stock , then use 78.3 as stoploss and 78.99 as target.

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 77.03
Downside Intraday Target 75.81
Upside Intraday Target 79.3
Upside Intraday Target 80.35
Downside Intraday Target 78.08

Weekly technical analysis of Dr Reddy (RDY)

Date Weekly Closing Price Open High Low Volume
11 Fri Oct 2024 78.25 78.05 79.13 76.86 1.03 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 down 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 Fri Oct 2024 78.25 79.06 79.81 76.86 0.461 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

Dr Reddy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 78.71 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

Dr Reddy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 78.71 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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