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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 2024-03-25 View latest technical analysis

10 day averaged volume of Dr Reddy is 196550

Date Daily Closing Price Open High Low Volume
25 Mon Mar 2024 73.41 73.22 73.56 73.02 0.837 times
22 Fri Mar 2024 73.48 73.50 74.19 73.48 1.064 times
21 Thu Mar 2024 72.90 72.31 73.67 72.06 0.833 times
20 Wed Mar 2024 72.81 72.94 73.04 72.14 0.824 times
19 Tue Mar 2024 73.04 73.96 74.13 72.53 2.184 times
18 Mon Mar 2024 75.49 75.65 75.79 75.34 1.246 times
15 Fri Mar 2024 75.24 75.51 75.96 75.22 1.019 times
14 Thu Mar 2024 75.45 75.30 75.49 74.90 0.711 times
13 Wed Mar 2024 75.27 76.23 76.38 74.90 0.819 times
12 Tue Mar 2024 76.32 76.73 76.73 76.23 0.695 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73.9, but if it comes above 73.9, then a intra day buy could be more profitable.
If you take a sell trade below 73.9, then use 73.9 as stoploss and 72.2 as target. However if you take a buy trade in stock , then use 73.9 as stoploss and 75.33 as target.

Share price targets for Dr Reddy (RDY)

Target Type Value
Downside Target 63.72
Downside Target 67.16
Downside Target 70.03
Upside Target 74.90
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 73.1
Downside Intraday Target 72.79
Upside Intraday Target 73.64
Upside Intraday Target 73.87
Downside Intraday Target 73.33

Weekly technical analysis of Dr Reddy (RDY)

Date Weekly Closing Price Open High Low Volume
25 Mon Mar 2024 73.41 73.22 73.56 73.02 0.136 times
22 Fri Mar 2024 73.48 75.65 75.79 72.06 1.599 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

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
25 Mon Mar 2024 73.41 74.66 77.29 72.06 0.756 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 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 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 weakening, and bulls are picking up momentum!

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 but selling is losing 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 74.17 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 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 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 weakening, and bulls are picking up momentum!

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 but selling is losing 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 74.17 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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