(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 2024-02-26 View latest technical analysis
10 day averaged volume of Dr Reddy is 213630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 77.09 | 77.47 | 77.59 | 76.97 | 0.474 times |
| 23 Fri Feb 2024 | 77.59 | 77.00 | 77.72 | 77.00 | 0.6 times |
| 22 Thu Feb 2024 | 76.81 | 75.90 | 76.96 | 75.85 | 0.83 times |
| 21 Wed Feb 2024 | 75.65 | 76.20 | 76.20 | 75.30 | 1.096 times |
| 20 Tue Feb 2024 | 76.04 | 75.75 | 76.64 | 75.65 | 1.622 times |
| 16 Fri Feb 2024 | 75.46 | 75.40 | 75.99 | 75.17 | 0.752 times |
| 15 Thu Feb 2024 | 75.01 | 75.54 | 75.73 | 74.56 | 1.005 times |
| 14 Wed Feb 2024 | 75.54 | 74.76 | 75.60 | 74.76 | 0.837 times |
| 13 Tue Feb 2024 | 74.76 | 75.29 | 75.49 | 74.27 | 1.516 times |
| 12 Mon Feb 2024 | 75.51 | 75.40 | 75.86 | 75.13 | 1.036 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 76.3, but if it comes below 76.3, then a intra day sell could be more profitable.
If you take a sell trade below 76.3, then use 76.3 as stoploss and 74.11 as target. However if you take a buy trade in stock , then use 76.3 as stoploss and 78.9 as target.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 63.72 |
| Downside Target | 67.16 |
| Downside Target | 73.60 |
| Downside Target | 74.15 |
| Downside Target | 74.27 |
| Downside Target | 75.30 |
| Downside Target | 75.99 |
| Downside Target | 76.97 |
| Upside Target | 77.59 |
| Upside Target | 77.72 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 76.84 |
| Downside Intraday Target | 76.6 |
| Upside Intraday Target | 77.46 |
| Upside Intraday Target | 77.84 |
| Upside Intraday Target | 77.22 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 77.09 | 77.47 | 77.59 | 76.97 | 0.114 times |
| 23 Fri Feb 2024 | 77.59 | 75.75 | 77.72 | 75.30 | 0.806 times |
| 16 Fri Feb 2024 | 75.46 | 75.40 | 75.99 | 74.27 | 0.921 times |
| 09 Fri Feb 2024 | 74.13 | 72.73 | 74.15 | 72.60 | 0.862 times |
| 02 Fri Feb 2024 | 72.19 | 70.73 | 73.60 | 69.23 | 1.433 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 |
| 26 Mon Feb 2024 | 77.09 | 71.60 | 77.72 | 71.36 | 0.767 times |
| 31 Wed Jan 2024 | 71.95 | 70.17 | 73.60 | 67.16 | 0.758 times |
| 29 Fri Dec 2023 | 69.58 | 69.72 | 70.04 | 64.50 | 1.339 times |
| 30 Thu Nov 2023 | 69.90 | 65.18 | 70.03 | 63.72 | 0.833 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 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 mid to longer 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.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Dr Reddy in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 75.76 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 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 mid to longer 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.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Dr Reddy in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Dr Reddy in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 75.76 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.