(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 2024-09-23 View latest technical analysis
10 day averaged volume of Dr Reddy is 155045
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 79.36 | 80.42 | 80.42 | 79.31 | 0.408 times |
| 20 Fri Sep 2024 | 78.54 | 78.46 | 78.60 | 77.96 | 1.331 times |
| 19 Thu Sep 2024 | 78.35 | 78.93 | 78.93 | 78.10 | 0.764 times |
| 18 Wed Sep 2024 | 78.79 | 78.85 | 79.39 | 78.58 | 0.567 times |
| 17 Tue Sep 2024 | 79.53 | 80.29 | 80.29 | 79.33 | 0.663 times |
| 16 Mon Sep 2024 | 79.68 | 80.40 | 80.40 | 79.44 | 0.651 times |
| 13 Fri Sep 2024 | 80.37 | 80.00 | 80.68 | 79.97 | 1.353 times |
| 12 Thu Sep 2024 | 80.25 | 79.35 | 80.37 | 79.23 | 1.376 times |
| 11 Wed Sep 2024 | 79.26 | 79.17 | 79.41 | 78.59 | 0.754 times |
| 10 Tue Sep 2024 | 78.89 | 79.86 | 79.86 | 78.81 | 1.168 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 78.8 as stoploss in an intra day buy trade for a target of 80.46. However, stock will show a bearish move below 78.8.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 68.07 |
| Downside Target | 75.09 |
| Upside Target | 80.40 |
| Upside Target | 80.42 |
| Upside Target | 80.68 |
| Upside Target | 82.07 |
| Upside Target | 82.89 |
| Upside Target | 82.97 |
| Upside Target | 83.55 |
| Upside Target | 84.46 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 78.97 |
| Downside Intraday Target | 78.59 |
| Upside Intraday Target | 80.08 |
| Upside Intraday Target | 80.81 |
| Upside Intraday Target | 79.7 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 79.36 | 80.42 | 80.42 | 79.31 | 0.103 times |
| 20 Fri Sep 2024 | 78.54 | 80.40 | 80.40 | 77.96 | 0.66 times |
| 13 Fri Sep 2024 | 80.37 | 79.66 | 80.68 | 78.59 | 1.184 times |
| 06 Fri Sep 2024 | 79.20 | 81.90 | 82.07 | 79.17 | 4.619 times |
| 30 Fri Aug 2024 | 83.47 | 83.52 | 83.55 | 82.97 | 0.26 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 |
| 23 Mon Sep 2024 | 79.36 | 81.90 | 82.07 | 77.96 | 0.572 times |
| 30 Fri Aug 2024 | 83.47 | 81.98 | 84.46 | 79.50 | 0.772 times |
| 31 Wed Jul 2024 | 81.28 | 76.11 | 82.89 | 75.09 | 1.02 times |
| 28 Fri Jun 2024 | 76.19 | 69.30 | 76.83 | 68.43 | 0.843 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling 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 79.37 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling 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 79.37 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.