(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.
10 day averaged volume of Dr Reddy is 201960
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 72.31 | 72.91 | 73.27 | 72.19 | 0.769 times |
26 Tue Mar 2024 | 72.80 | 73.40 | 73.61 | 72.78 | 0.717 times |
25 Mon Mar 2024 | 73.41 | 73.22 | 73.56 | 73.02 | 0.815 times |
22 Fri Mar 2024 | 73.48 | 73.50 | 74.19 | 73.48 | 1.036 times |
21 Thu Mar 2024 | 72.90 | 72.31 | 73.67 | 72.06 | 0.811 times |
20 Wed Mar 2024 | 72.81 | 72.94 | 73.04 | 72.14 | 0.802 times |
19 Tue Mar 2024 | 73.04 | 73.96 | 74.13 | 72.53 | 2.126 times |
18 Mon Mar 2024 | 75.49 | 75.65 | 75.79 | 75.34 | 1.213 times |
15 Fri Mar 2024 | 75.24 | 75.51 | 75.96 | 75.22 | 0.992 times |
14 Thu Mar 2024 | 75.45 | 75.30 | 75.49 | 74.90 | 0.692 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73.4, but if it comes above 73.4, then a intra day buy could be more profitable.
If you take a sell trade below 73.4, then use 73.4 as stoploss and 71.5 as target. However if you take a buy trade in stock , then use 73.4 as stoploss and 74.89 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 | 71.8 |
Downside Intraday Target | 71.28 |
Upside Intraday Target | 73.22 |
Upside Intraday Target | 74.12 |
Upside Intraday Target | 72.7 |
Weekly technical analysis of Dr Reddy (RDY)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 72.31 | 73.22 | 73.61 | 72.19 | 0.384 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 |
27 Wed Mar 2024 | 72.31 | 74.66 | 77.29 | 72.06 | 0.828 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 and the sell signal is strong.
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 73.7 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 and the sell signal is strong.
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 73.7 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.