(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 2024-11-06 View latest technical analysis
10 day averaged volume of Dr Reddy is 184710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 15.20 | 15.30 | 15.41 | 15.14 | 2.966 times |
| 05 Tue Nov 2024 | 14.61 | 15.16 | 15.31 | 14.52 | 2.671 times |
| 04 Mon Nov 2024 | 73.99 | 74.88 | 74.88 | 73.90 | 0.754 times |
| 01 Fri Nov 2024 | 74.27 | 74.45 | 74.55 | 73.94 | 0.524 times |
| 31 Thu Oct 2024 | 73.90 | 74.16 | 74.87 | 73.42 | 0.96 times |
| 30 Wed Oct 2024 | 74.16 | 74.00 | 75.15 | 73.74 | 1.022 times |
| 29 Tue Oct 2024 | 75.15 | 76.01 | 76.43 | 75.00 | 0.777 times |
| 28 Mon Oct 2024 | 78.44 | 77.22 | 78.44 | 77.22 | 0.982 times |
| 25 Fri Oct 2024 | 76.38 | 77.52 | 77.56 | 76.30 | 0.808 times |
| 24 Thu Oct 2024 | 77.52 | 78.27 | 78.27 | 77.40 | 0.804 times |
Stock of Dr Reddy (RDY) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 29.7, for a target of 52.3 or 71.11
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 14.52 |
| Upside Target | 73.42 |
| Upside Target | 78.49 |
| Upside Target | 79.13 |
| Upside Target | 79.50 |
| Upside Target | 79.96 |
| Upside Target | 80.00 |
| Upside Target | 82.07 |
| Upside Target | 82.89 |
| Upside Target | 84.46 |
Intraday share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Intraday Target | -5.15 |
| Downside Intraday Target | -25.49 |
| Upside Intraday Target | 55.21 |
| Upside Intraday Target | 95.23 |
| Upside Intraday Target | 34.87 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 15.20 | 74.88 | 74.88 | 14.52 | 1.499 times |
| 01 Fri Nov 2024 | 74.27 | 77.22 | 78.44 | 73.42 | 1.126 times |
| 25 Fri Oct 2024 | 76.38 | 80.00 | 80.00 | 76.30 | 0.714 times |
| 18 Fri Oct 2024 | 79.67 | 78.87 | 79.96 | 78.49 | 1.187 times |
| 11 Fri Oct 2024 | 78.25 | 78.05 | 79.13 | 76.86 | 1.03 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 |
| 06 Wed Nov 2024 | 15.20 | 74.45 | 74.88 | 14.52 | 0.336 times |
| 31 Thu Oct 2024 | 73.90 | 79.06 | 80.00 | 73.42 | 1.224 times |
| 30 Mon Sep 2024 | 79.45 | 81.90 | 82.07 | 77.96 | 0.74 times |
| 30 Fri Aug 2024 | 83.47 | 81.98 | 84.46 | 79.50 | 0.772 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 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 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 getting stronger in this stock.
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
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 47.68 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 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 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 getting stronger in this stock.
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
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 47.68 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.