(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 2024-06-04 View latest technical analysis
10 day averaged volume of Dr Reddy is 315488
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 68.75 | 68.99 | 69.07 | 68.43 | 0.579 times |
| 03 Mon Jun 2024 | 69.45 | 69.30 | 69.99 | 68.95 | 0.913 times |
| 31 Fri May 2024 | 68.68 | 69.50 | 69.59 | 68.07 | 1.202 times |
| 30 Thu May 2024 | 69.86 | 70.17 | 70.31 | 69.56 | 1.159 times |
| 29 Wed May 2024 | 70.53 | 70.99 | 71.49 | 70.34 | 1.302 times |
| 28 Tue May 2024 | 70.94 | 70.43 | 71.04 | 70.26 | 0.79 times |
| 24 Fri May 2024 | 69.53 | 69.60 | 69.85 | 69.11 | 0.816 times |
| 23 Thu May 2024 | 69.61 | 69.92 | 69.92 | 69.36 | 1.034 times |
| 22 Wed May 2024 | 69.69 | 69.23 | 70.15 | 69.23 | 1.375 times |
| 21 Tue May 2024 | 68.92 | 68.84 | 69.16 | 68.58 | 0.681 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 68.8, but if it comes above 68.8, then a intra day buy could be more profitable.
If you take a sell trade below 68.8, then use 68.8 as stoploss and 67.8 as target. However if you take a buy trade in stock , then use 68.8 as stoploss and 69.65 as target.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 68.07 |
| Upside Target | 70.72 |
| Upside Target | 71.36 |
| Upside Target | 71.49 |
| Upside Target | 72.06 |
| Upside Target | 75.19 |
| Upside Target | 75.22 |
| Upside Target | 75.43 |
| Upside Target | 77.29 |
| Upside Target | 77.72 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 68.12 |
| Downside Intraday Target | 67.5 |
| Upside Intraday Target | 69.68 |
| Upside Intraday Target | 70.62 |
| Upside Intraday Target | 69.06 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 68.75 | 69.30 | 69.99 | 68.43 | 0.335 times |
| 31 Fri May 2024 | 68.68 | 70.43 | 71.49 | 68.07 | 0.961 times |
| 24 Fri May 2024 | 69.53 | 68.35 | 70.15 | 68.35 | 1.029 times |
| 17 Fri May 2024 | 68.26 | 69.52 | 70.21 | 68.16 | 0.985 times |
| 10 Fri May 2024 | 69.17 | 74.95 | 75.19 | 69.03 | 1.434 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 |
| 04 Tue Jun 2024 | 68.75 | 69.30 | 69.99 | 68.43 | 0.074 times |
| 31 Fri May 2024 | 68.68 | 73.38 | 75.43 | 68.07 | 1.559 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 |
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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Dr Reddy in short term but the buy signal is initial and weak.
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 red color and prices are below the red 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 BUY signal in short term but buying 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 69.65 and Dr Reddy (RDY) stock is trading below this level. This means that stock is falling with high volumes. 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 BUY signal for Dr Reddy in short term but the buy signal is initial and weak.
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 red color and prices are below the red 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 BUY signal in short term but buying 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 69.65 and Dr Reddy (RDY) stock is trading below this level. This means that stock is falling with high volumes. 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.