(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 2024-04-05 View latest technical analysis
10 day averaged volume of Dr Reddy is 168190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 73.76 | 73.39 | 74.13 | 73.31 | 0.952 times |
| 04 Thu Apr 2024 | 72.88 | 73.30 | 73.62 | 72.85 | 0.686 times |
| 03 Wed Apr 2024 | 73.02 | 73.50 | 73.50 | 72.50 | 1.219 times |
| 02 Tue Apr 2024 | 73.83 | 73.83 | 73.88 | 73.05 | 1.418 times |
| 01 Mon Apr 2024 | 73.94 | 74.44 | 74.44 | 73.67 | 0.759 times |
| 28 Thu Mar 2024 | 73.35 | 73.15 | 73.81 | 73.04 | 0.936 times |
| 27 Wed Mar 2024 | 72.31 | 72.91 | 73.27 | 72.19 | 0.924 times |
| 26 Tue Mar 2024 | 72.80 | 73.40 | 73.61 | 72.78 | 0.861 times |
| 25 Mon Mar 2024 | 73.41 | 73.22 | 73.56 | 73.02 | 0.979 times |
| 22 Fri Mar 2024 | 73.48 | 73.50 | 74.19 | 73.48 | 1.244 times |
My analysis of stock is bearish for shortterm, and stock might move down till 72.7 or till 71. Use a stoploss of 74.16 and if the stock hits stoploss, then it can shoot up till 75.59
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 64.50 |
| Downside Target | 67.16 |
| Downside Target | 70.04 |
| Upside Target | 74.44 |
| Upside Target | 74.90 |
| Upside Target | 75.39 |
| Upside Target | 75.79 |
| Upside Target | 76.87 |
| Upside Target | 77.29 |
| Upside Target | 77.72 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 72.69 |
| Downside Intraday Target | 71.63 |
| Upside Intraday Target | 74.63 |
| Upside Intraday Target | 75.51 |
| Downside Intraday Target | 73.57 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 73.76 | 74.44 | 74.44 | 72.50 | 1.361 times |
| 28 Thu Mar 2024 | 73.35 | 73.22 | 73.81 | 72.19 | 0.515 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 |
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 |
| 05 Fri Apr 2024 | 73.76 | 74.44 | 74.44 | 72.50 | 0.235 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 |
| 31 Wed Jan 2024 | 71.95 | 70.17 | 73.60 | 67.16 | 0.758 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 73.31 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 73.31 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.