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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 2024-10-23 View latest technical analysis

10 day averaged volume of Dr Reddy is 180350

Date Daily Closing Price Open High Low Volume
23 Wed Oct 2024 78.08 78.95 79.16 77.44 0.716 times
22 Tue Oct 2024 79.64 78.14 79.69 78.14 0.742 times
21 Mon Oct 2024 78.74 80.00 80.00 78.40 0.77 times
18 Fri Oct 2024 79.67 79.96 79.96 79.31 0.806 times
17 Thu Oct 2024 79.80 79.24 79.81 78.90 0.89 times
16 Wed Oct 2024 79.20 79.73 79.73 79.05 0.898 times
15 Tue Oct 2024 79.08 78.83 79.63 78.57 1.816 times
14 Mon Oct 2024 78.83 78.87 79.21 78.49 1.019 times
11 Fri Oct 2024 78.25 77.80 78.77 77.80 0.902 times
10 Thu Oct 2024 77.26 77.88 77.88 76.86 1.133 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 78.2, but if it comes above 78.2, then a intra day buy could be more profitable.
If you take a sell trade below 78.2, then use 78.2 as stoploss and 77.4 as target. However if you take a buy trade in stock , then use 78.2 as stoploss and 78.98 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 79.96
Upside Target 80.00
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 77.01
Downside Intraday Target 75.95
Upside Intraday Target 79.57
Upside Intraday Target 81.07
Upside Intraday Target 78.51

Weekly technical analysis of Dr Reddy (RDY)

Date Weekly Closing Price Open High Low Volume
23 Wed Oct 2024 78.08 80.00 80.00 77.44 0.41 times
18 Fri Oct 2024 79.67 78.87 79.96 78.49 1.187 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

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
23 Wed Oct 2024 78.08 79.06 80.00 76.86 0.905 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 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 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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

MACD generated a BUY signal for Dr Reddy in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 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 78.83 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 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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

MACD generated a BUY signal for Dr Reddy in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 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 78.83 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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