(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 2024-03-14 View latest technical analysis
10 day averaged volume of Dr Reddy is 162420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 75.45 | 75.30 | 75.49 | 74.90 | 0.861 times |
| 13 Wed Mar 2024 | 75.27 | 76.23 | 76.38 | 74.90 | 0.991 times |
| 12 Tue Mar 2024 | 76.32 | 76.73 | 76.73 | 76.23 | 0.842 times |
| 11 Mon Mar 2024 | 77.26 | 76.82 | 77.29 | 76.76 | 0.73 times |
| 08 Fri Mar 2024 | 76.58 | 76.35 | 76.87 | 76.18 | 0.774 times |
| 07 Thu Mar 2024 | 76.35 | 76.01 | 76.66 | 76.01 | 0.826 times |
| 06 Wed Mar 2024 | 75.62 | 75.87 | 76.29 | 75.39 | 1.15 times |
| 05 Tue Mar 2024 | 75.81 | 76.46 | 76.46 | 75.61 | 1.761 times |
| 04 Mon Mar 2024 | 76.06 | 75.77 | 76.27 | 75.63 | 0.744 times |
| 01 Fri Mar 2024 | 74.82 | 74.66 | 75.15 | 74.01 | 1.016 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 75.4 as stoploss in an intra day buy trade for a target of 76.19. However, stock will show a bearish move below 75.4.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 63.72 |
| Downside Target | 67.16 |
| Downside Target | 70.03 |
| Downside Target | 73.60 |
| Downside Target | 75.39 |
| Upside Target | 75.99 |
| Upside Target | 76.87 |
| Upside Target | 77.29 |
| Upside Target | 77.59 |
| Upside Target | 77.72 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 74.47 |
| Downside Intraday Target | 73.49 |
| Upside Intraday Target | 76.86 |
| Upside Intraday Target | 78.27 |
| Upside Intraday Target | 75.88 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 75.45 | 76.82 | 77.29 | 74.90 | 0.651 times |
| 08 Fri Mar 2024 | 76.58 | 75.77 | 76.87 | 75.39 | 1.145 times |
| 01 Fri Mar 2024 | 74.82 | 77.47 | 77.59 | 74.01 | 0.841 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 |
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 |
| 14 Thu Mar 2024 | 75.45 | 74.66 | 77.29 | 74.01 | 0.378 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 |
| 29 Fri Dec 2023 | 69.58 | 69.72 | 70.04 | 64.50 | 1.339 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term but the sell 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Dr Reddy in short term and SELL 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 75.88 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 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term but the sell 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Dr Reddy in short term and SELL 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 75.88 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.