(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.
10 day averaged volume of Dr Reddy is 205410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 74.55 | 74.27 | 74.78 | 74.24 | 1.053 times |
| 25 Thu Apr 2024 | 74.02 | 73.40 | 74.33 | 73.27 | 2.328 times |
| 24 Wed Apr 2024 | 70.92 | 71.43 | 71.63 | 70.78 | 0.726 times |
| 23 Tue Apr 2024 | 71.49 | 72.00 | 72.00 | 71.42 | 0.644 times |
| 22 Mon Apr 2024 | 72.15 | 71.47 | 72.23 | 71.47 | 0.769 times |
| 19 Fri Apr 2024 | 71.14 | 70.90 | 71.30 | 70.72 | 0.569 times |
| 18 Thu Apr 2024 | 70.91 | 71.10 | 71.36 | 70.79 | 0.473 times |
| 17 Wed Apr 2024 | 71.31 | 71.65 | 71.71 | 71.19 | 0.69 times |
| 16 Tue Apr 2024 | 71.61 | 71.30 | 71.87 | 71.15 | 0.727 times |
| 15 Mon Apr 2024 | 71.12 | 71.33 | 71.90 | 70.86 | 1.799 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 73.8, but if it comes below 73.8, then a intra day sell could be more profitable.
If you take a sell trade below 73.8, then use 73.8 as stoploss and 72.55 as target. However if you take a buy trade in stock , then use 73.8 as stoploss and 75.2 as target.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 64.50 |
| Downside Target | 67.16 |
| Downside Target | 70.04 |
| Downside Target | 73.60 |
| Downside Target | 73.81 |
| Downside Target | 74.07 |
| Downside Target | 74.44 |
| Upside Target | 74.78 |
| Upside Target | 77.29 |
| Upside Target | 77.72 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 71.96 |
| Downside Intraday Target | 69.37 |
| Upside Intraday Target | 75.96 |
| Upside Intraday Target | 77.37 |
| Downside Intraday Target | 73.37 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 74.55 | 71.47 | 74.78 | 70.78 | 1.296 times |
| 19 Fri Apr 2024 | 71.14 | 71.33 | 71.90 | 70.72 | 1.111 times |
| 12 Fri Apr 2024 | 71.42 | 73.63 | 74.07 | 71.23 | 0.93 times |
| 05 Fri Apr 2024 | 73.76 | 74.44 | 74.44 | 72.50 | 1.361 times |
| 28 Thu Mar 2024 | 73.35 | 73.22 | 73.81 | 72.19 | 0.515 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 |
| 26 Fri Apr 2024 | 74.55 | 74.44 | 74.78 | 70.72 | 1.01 times |
| 28 Thu Mar 2024 | 73.35 | 74.66 | 77.29 | 72.06 | 0.866 times |
| 29 Thu Feb 2024 | 76.78 | 71.60 | 77.72 | 71.36 | 0.867 times |
| 31 Wed Jan 2024 | 71.95 | 70.17 | 73.60 | 67.16 | 0.758 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Dr Reddy stock for short term is BUY. 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.
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. 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 BUY signal in short term but buying is losing 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 72.31 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Dr Reddy stock for short term is BUY. 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.
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. 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 BUY signal in short term but buying is losing 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 72.31 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.