(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 2024-04-16 View latest technical analysis
10 day averaged volume of Dr Reddy is 187600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 71.61 | 71.30 | 71.87 | 71.15 | 0.796 times |
| 15 Mon Apr 2024 | 71.12 | 71.33 | 71.90 | 70.86 | 1.97 times |
| 12 Fri Apr 2024 | 71.42 | 72.39 | 72.39 | 71.23 | 1.396 times |
| 11 Thu Apr 2024 | 72.68 | 72.59 | 73.16 | 72.33 | 0.633 times |
| 10 Wed Apr 2024 | 72.60 | 73.02 | 73.69 | 72.58 | 0.665 times |
| 09 Tue Apr 2024 | 73.89 | 73.62 | 73.89 | 73.45 | 0.95 times |
| 08 Mon Apr 2024 | 73.70 | 73.63 | 74.07 | 73.40 | 0.553 times |
| 05 Fri Apr 2024 | 73.76 | 73.39 | 74.13 | 73.31 | 0.854 times |
| 04 Thu Apr 2024 | 72.88 | 73.30 | 73.62 | 72.85 | 0.615 times |
| 03 Wed Apr 2024 | 73.02 | 73.50 | 73.50 | 72.50 | 1.093 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 72.1, but if it comes above 72.1, then a intra day buy could be more profitable.
If you take a sell trade below 72.1, then use 72.1 as stoploss and 71.2 as target. However if you take a buy trade in stock , then use 72.1 as stoploss and 72.93 as target.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 64.50 |
| Downside Target | 67.16 |
| Downside Target | 70.04 |
| Upside Target | 73.60 |
| Upside Target | 73.81 |
| Upside Target | 74.07 |
| Upside Target | 74.44 |
| 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 | 71.01 |
| Downside Intraday Target | 70.42 |
| Upside Intraday Target | 72.05 |
| Upside Intraday Target | 72.5 |
| Downside Intraday Target | 71.46 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 71.61 | 71.33 | 71.90 | 70.86 | 0.659 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 |
| 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 |
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 |
| 16 Tue Apr 2024 | 71.61 | 74.44 | 74.44 | 70.86 | 0.597 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 72.41 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Dr Reddy stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 72.41 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.