(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 2024-08-21 View latest technical analysis
10 day averaged volume of Dr Reddy is 173143
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 84.21 | 84.10 | 84.23 | 83.53 | 0.998 times |
| 20 Tue Aug 2024 | 83.18 | 82.75 | 83.50 | 82.60 | 0.823 times |
| 19 Mon Aug 2024 | 82.77 | 82.11 | 82.97 | 82.11 | 0.872 times |
| 16 Fri Aug 2024 | 81.77 | 81.53 | 82.04 | 81.40 | 0.724 times |
| 15 Thu Aug 2024 | 81.53 | 81.61 | 81.81 | 81.46 | 0.586 times |
| 14 Wed Aug 2024 | 81.43 | 81.43 | 82.22 | 81.23 | 0.907 times |
| 13 Tue Aug 2024 | 83.32 | 82.56 | 83.63 | 82.56 | 0.902 times |
| 12 Mon Aug 2024 | 82.24 | 82.87 | 82.94 | 82.18 | 1.049 times |
| 09 Fri Aug 2024 | 83.95 | 84.27 | 84.46 | 83.56 | 0.707 times |
| 08 Thu Aug 2024 | 83.88 | 83.28 | 84.15 | 83.11 | 1.184 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 84.6, for a target of 83.3 or 82.26
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 68.07 |
| Downside Target | 70.72 |
| Downside Target | 75.09 |
| Downside Target | 79.49 |
| Downside Target | 81.98 |
| Downside Target | 82.11 |
| Downside Target | 82.89 |
| Downside Target | 83.25 |
| Downside Target | 83.63 |
| Upside Target | 84.23 |
| Upside Target | 84.46 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 82.8 |
| Downside Intraday Target | 81.4 |
| Upside Intraday Target | 84.92 |
| Upside Intraday Target | 85.64 |
| Downside Intraday Target | 83.52 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 84.21 | 82.11 | 84.23 | 82.11 | 0.646 times |
| 16 Fri Aug 2024 | 81.77 | 82.87 | 83.63 | 81.23 | 0.53 times |
| 09 Fri Aug 2024 | 83.95 | 81.07 | 84.46 | 79.50 | 1.166 times |
| 02 Fri Aug 2024 | 83.20 | 81.22 | 83.25 | 80.12 | 1.115 times |
| 26 Fri Jul 2024 | 81.22 | 80.03 | 81.98 | 79.49 | 0.752 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 |
| 21 Wed Aug 2024 | 84.21 | 81.98 | 84.46 | 79.50 | 0.548 times |
| 31 Wed Jul 2024 | 81.28 | 76.11 | 82.89 | 75.09 | 1.02 times |
| 28 Fri Jun 2024 | 76.19 | 69.30 | 76.83 | 68.43 | 0.843 times |
| 31 Fri May 2024 | 68.68 | 73.38 | 75.43 | 68.07 | 1.559 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling 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 82.91 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling 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 82.91 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.