(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 2024-09-16 View latest technical analysis
10 day averaged volume of Dr Reddy is 189352
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 79.68 | 80.40 | 80.40 | 79.44 | 0.533 times |
| 13 Fri Sep 2024 | 80.37 | 80.00 | 80.68 | 79.97 | 1.107 times |
| 12 Thu Sep 2024 | 80.25 | 79.35 | 80.37 | 79.23 | 1.126 times |
| 11 Wed Sep 2024 | 79.26 | 79.17 | 79.41 | 78.59 | 0.617 times |
| 10 Tue Sep 2024 | 78.89 | 79.86 | 79.86 | 78.81 | 0.956 times |
| 09 Mon Sep 2024 | 79.61 | 79.66 | 80.25 | 79.30 | 1.125 times |
| 06 Fri Sep 2024 | 79.20 | 79.88 | 80.40 | 79.17 | 1.214 times |
| 05 Thu Sep 2024 | 79.64 | 80.59 | 80.59 | 79.51 | 0.812 times |
| 04 Wed Sep 2024 | 81.73 | 81.20 | 81.94 | 81.20 | 1.343 times |
| 03 Tue Sep 2024 | 81.10 | 81.90 | 82.07 | 80.68 | 0.796 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 79.8, but if it comes above 79.8, then a intra day buy could be more profitable.
If you take a sell trade below 79.8, then use 79.8 as stoploss and 77.8 as target. However if you take a buy trade in stock , then use 79.8 as stoploss and 81.46 as target.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 68.07 |
| Downside Target | 75.09 |
| Downside Target | 78.59 |
| Upside Target | 81.88 |
| Upside Target | 82.07 |
| Upside Target | 82.89 |
| Upside Target | 82.97 |
| Upside Target | 83.55 |
| Upside Target | 83.84 |
| Upside Target | 84.46 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | 79.28 |
| Downside Intraday Target | 78.88 |
| Upside Intraday Target | 80.24 |
| Upside Intraday Target | 80.8 |
| Upside Intraday Target | 79.84 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 79.68 | 80.40 | 80.40 | 79.44 | 0.108 times |
| 13 Fri Sep 2024 | 80.37 | 79.66 | 80.68 | 78.59 | 1.184 times |
| 06 Fri Sep 2024 | 79.20 | 81.90 | 82.07 | 79.17 | 4.619 times |
| 30 Fri Aug 2024 | 83.47 | 83.52 | 83.55 | 82.97 | 0.26 times |
| 30 Fri Aug 2024 | 83.47 | 81.95 | 83.84 | 81.88 | 0.766 times |
Price has moved down 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 Mon Sep 2024 | 79.68 | 81.90 | 82.07 | 78.59 | 0.434 times |
| 30 Fri Aug 2024 | 83.47 | 81.98 | 84.46 | 79.50 | 0.772 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 |
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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
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 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 80.05 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
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 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 80.05 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.