(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 2024-04-09 View latest technical analysis
10 day averaged volume of Dr Reddy is 157280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 73.89 | 73.62 | 73.89 | 73.45 | 1.133 times |
| 08 Mon Apr 2024 | 73.70 | 73.63 | 74.07 | 73.40 | 0.659 times |
| 05 Fri Apr 2024 | 73.76 | 73.39 | 74.13 | 73.31 | 1.019 times |
| 04 Thu Apr 2024 | 72.88 | 73.30 | 73.62 | 72.85 | 0.734 times |
| 03 Wed Apr 2024 | 73.02 | 73.50 | 73.50 | 72.50 | 1.303 times |
| 02 Tue Apr 2024 | 73.83 | 73.83 | 73.88 | 73.05 | 1.516 times |
| 01 Mon Apr 2024 | 73.94 | 74.44 | 74.44 | 73.67 | 0.812 times |
| 28 Thu Mar 2024 | 73.35 | 73.15 | 73.81 | 73.04 | 1.001 times |
| 27 Wed Mar 2024 | 72.31 | 72.91 | 73.27 | 72.19 | 0.988 times |
| 26 Tue Mar 2024 | 72.80 | 73.40 | 73.61 | 72.78 | 0.921 times |
My analysis of stock is bullish for shortterm, and stock might move up till 74.9 or till 76.2. Use a stoploss of 73.84 and if this stock hits its stoploss, then it can fall down till 72.75
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 64.50 |
| Downside Target | 67.16 |
| Downside Target | 70.04 |
| Upside Target | 74.07 |
| Upside Target | 74.44 |
| Upside Target | 74.90 |
| Upside Target | 75.79 |
| Upside Target | 77.29 |
| Upside Target | 77.72 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 73.5 |
| Downside Intraday Target | 73.12 |
| Upside Intraday Target | 74.17 |
| Upside Intraday Target | 74.46 |
| Downside Intraday Target | 73.79 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 73.89 | 73.63 | 74.07 | 73.40 | 0.333 times |
| 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 |
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 |
| 09 Tue Apr 2024 | 73.89 | 74.44 | 74.44 | 72.50 | 0.313 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 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 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 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 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 BUY signal for Dr Reddy in short term but the buy signal is initial and weak.
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 stronger in this stock.
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 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 73.37 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 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 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 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 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 BUY signal for Dr Reddy in short term but the buy signal is initial and weak.
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 stronger in this stock.
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 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 73.37 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.