(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 2024-03-19 View latest technical analysis
10 day averaged volume of Dr Reddy is 173390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 73.04 | 73.96 | 74.13 | 72.53 | 2.476 times |
| 18 Mon Mar 2024 | 75.49 | 75.65 | 75.79 | 75.34 | 1.412 times |
| 15 Fri Mar 2024 | 75.24 | 75.51 | 75.96 | 75.22 | 1.155 times |
| 14 Thu Mar 2024 | 75.45 | 75.30 | 75.49 | 74.90 | 0.806 times |
| 13 Wed Mar 2024 | 75.27 | 76.23 | 76.38 | 74.90 | 0.928 times |
| 12 Tue Mar 2024 | 76.32 | 76.73 | 76.73 | 76.23 | 0.788 times |
| 11 Mon Mar 2024 | 77.26 | 76.82 | 77.29 | 76.76 | 0.684 times |
| 08 Fri Mar 2024 | 76.58 | 76.35 | 76.87 | 76.18 | 0.725 times |
| 07 Thu Mar 2024 | 76.35 | 76.01 | 76.66 | 76.01 | 0.773 times |
| 06 Wed Mar 2024 | 75.62 | 75.87 | 76.29 | 75.39 | 1.077 times |
Stock of Dr Reddy (RDY) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 73.8, for a target of 75 or 76.06
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 63.72 |
| Downside Target | 67.16 |
| Downside Target | 70.03 |
| Upside Target | 75.39 |
| Upside Target | 75.79 |
| 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 | 71.78 |
| Downside Intraday Target | 70.53 |
| Upside Intraday Target | 75.04 |
| Upside Intraday Target | 77.05 |
| Upside Intraday Target | 73.79 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 73.04 | 75.65 | 75.79 | 72.53 | 0.891 times |
| 15 Fri Mar 2024 | 75.24 | 76.82 | 77.29 | 74.90 | 0.886 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 |
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 |
| 19 Tue Mar 2024 | 73.04 | 74.66 | 77.29 | 72.53 | 0.588 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 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 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 75.2 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 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 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 75.2 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.