(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 190220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 73.98 | 73.38 | 74.28 | 73.38 | 0.613 times |
| 30 Tue Apr 2024 | 73.47 | 74.01 | 74.06 | 73.39 | 0.957 times |
| 29 Mon Apr 2024 | 74.42 | 74.83 | 75.22 | 74.30 | 1.213 times |
| 26 Fri Apr 2024 | 74.55 | 74.27 | 74.78 | 74.24 | 1.137 times |
| 25 Thu Apr 2024 | 74.02 | 73.40 | 74.33 | 73.27 | 2.514 times |
| 24 Wed Apr 2024 | 70.92 | 71.43 | 71.63 | 70.78 | 0.784 times |
| 23 Tue Apr 2024 | 71.49 | 72.00 | 72.00 | 71.42 | 0.695 times |
| 22 Mon Apr 2024 | 72.15 | 71.47 | 72.23 | 71.47 | 0.83 times |
| 19 Fri Apr 2024 | 71.14 | 70.90 | 71.30 | 70.72 | 0.615 times |
| 18 Thu Apr 2024 | 70.91 | 71.10 | 71.36 | 70.79 | 0.51 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 73.9, but if it comes below 73.9, then a intra day sell could be more profitable.
If you take a sell trade below 73.9, then use 73.9 as stoploss and 72.6 as target. However if you take a buy trade in stock , then use 73.9 as stoploss and 75.4 as target.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 67.16 |
| Downside Target | 70.72 |
| Downside Target | 73.60 |
| Upside Target | 74.07 |
| Upside Target | 74.28 |
| Upside Target | 74.44 |
| Upside Target | 74.78 |
| Upside Target | 75.22 |
| Upside Target | 77.29 |
| Upside Target | 77.72 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 73.17 |
| Downside Intraday Target | 72.35 |
| Upside Intraday Target | 75.01 |
| Upside Intraday Target | 76.03 |
| Upside Intraday Target | 74.19 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 73.98 | 74.83 | 75.22 | 73.38 | 0.467 times |
| 26 Fri Apr 2024 | 74.55 | 71.47 | 74.78 | 70.78 | 1.296 times |
| 19 Fri Apr 2024 | 71.14 | 71.33 | 71.90 | 70.72 | 1.111 times |
| 12 Fri Apr 2024 | 71.42 | 73.63 | 74.07 | 71.23 | 0.93 times |
| 05 Fri Apr 2024 | 73.76 | 74.44 | 74.44 | 72.50 | 1.361 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 |
| 01 Wed May 2024 | 73.98 | 73.38 | 74.28 | 73.38 | 0.029 times |
| 30 Tue Apr 2024 | 73.47 | 74.44 | 75.22 | 70.72 | 1.124 times |
| 28 Thu Mar 2024 | 73.35 | 74.66 | 77.29 | 72.06 | 0.866 times |
| 29 Thu Feb 2024 | 76.78 | 71.60 | 77.72 | 71.36 | 0.867 times |
Scroll below to view daily charts
Price has moved up 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 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.
Price action analysis of Dr Reddy ( (RDY) ) based on a short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Dr Reddy in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 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 73.15 and Dr Reddy (RDY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 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 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.
Price action analysis of Dr Reddy ( (RDY) ) based on a short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Dr Reddy stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Dr Reddy in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 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 73.15 and Dr Reddy (RDY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.