(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 2024-10-17 View latest technical analysis
10 day averaged volume of Dr Reddy is 179450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 79.80 | 79.24 | 79.81 | 78.90 | 0.894 times |
| 16 Wed Oct 2024 | 79.20 | 79.73 | 79.73 | 79.05 | 0.903 times |
| 15 Tue Oct 2024 | 79.08 | 78.83 | 79.63 | 78.57 | 1.825 times |
| 14 Mon Oct 2024 | 78.83 | 78.87 | 79.21 | 78.49 | 1.024 times |
| 11 Fri Oct 2024 | 78.25 | 77.80 | 78.77 | 77.80 | 0.906 times |
| 10 Thu Oct 2024 | 77.26 | 77.88 | 77.88 | 76.86 | 1.138 times |
| 09 Wed Oct 2024 | 78.76 | 78.43 | 79.13 | 78.43 | 1.03 times |
| 08 Tue Oct 2024 | 78.75 | 78.68 | 78.95 | 78.38 | 0.907 times |
| 07 Mon Oct 2024 | 77.66 | 78.05 | 78.41 | 77.21 | 0.615 times |
| 04 Fri Oct 2024 | 78.27 | 79.00 | 79.37 | 78.20 | 0.752 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 79.7, but if it comes below 79.7, then a intra day sell could be more profitable.
If you take a sell trade below 79.7, then use 79.7 as stoploss and 79.02 as target. However if you take a buy trade in stock , then use 79.7 as stoploss and 80.6 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 | 80.96 |
| 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 | 78.92 |
| Downside Intraday Target | 78.05 |
| Upside Intraday Target | 80.24 |
| Upside Intraday Target | 80.69 |
| Downside Intraday Target | 79.37 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 79.80 | 78.87 | 79.81 | 78.49 | 1.011 times |
| 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 |
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 |
| 17 Thu Oct 2024 | 79.80 | 79.06 | 79.81 | 76.86 | 0.729 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 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 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 short 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Dr Reddy in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 but selling is losing 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 78.64 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 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 short 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Dr Reddy in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 but selling is losing 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 78.64 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.