(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 2024-11-26 View latest technical analysis
10 day averaged volume of Dr Reddy is 1208310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 14.14 | 14.32 | 14.35 | 14.05 | 2.057 times |
| 25 Mon Nov 2024 | 14.32 | 14.20 | 14.43 | 14.20 | 1.384 times |
| 22 Fri Nov 2024 | 14.20 | 14.24 | 14.30 | 14.12 | 1.111 times |
| 21 Thu Nov 2024 | 13.99 | 14.05 | 14.25 | 13.93 | 1.317 times |
| 20 Wed Nov 2024 | 14.30 | 14.38 | 14.40 | 14.24 | 0.878 times |
| 19 Tue Nov 2024 | 14.35 | 14.12 | 14.35 | 14.10 | 0.834 times |
| 18 Mon Nov 2024 | 14.10 | 14.10 | 14.18 | 13.97 | 1.558 times |
| 15 Fri Nov 2024 | 14.17 | 14.18 | 14.24 | 14.01 | 0.795 times |
| 14 Thu Nov 2024 | 14.24 | 14.47 | 14.50 | 14.18 | 0.955 times |
| 13 Wed Nov 2024 | 14.56 | 14.72 | 14.72 | 14.51 | 0.582 times |
Stock of Dr Reddy (RDY) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.6 as stoploss in an intra day buy trade for a target of 26.42. However, stock will show a bearish move below 2.6.
Share price targets for Dr Reddy (RDY)
| Target Type | Value |
| Downside Target | 13.93 |
| Upside Target | 14.40 |
| Upside Target | 15.19 |
| Upside Target | 73.42 |
| Upside Target | 75.09 |
| Upside Target | 77.96 |
| Upside Target | 78.44 |
| Upside Target | 79.50 |
| 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 | 13.98 |
| Downside Intraday Target | 13.83 |
| Upside Intraday Target | 14.36 |
| Upside Intraday Target | 14.59 |
| Upside Intraday Target | 14.21 |
Weekly technical analysis of Dr Reddy (RDY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Nov 2024 | 14.14 | 14.20 | 14.43 | 14.05 | 0.604 times |
| 22 Fri Nov 2024 | 14.20 | 14.10 | 14.40 | 13.93 | 1.758 times |
| 15 Fri Nov 2024 | 14.17 | 15.10 | 15.19 | 14.01 | 1.796 times |
| 08 Fri Nov 2024 | 15.11 | 74.88 | 74.88 | 14.52 | 2.768 times |
| 01 Fri Nov 2024 | 74.27 | 77.22 | 78.44 | 73.42 | 1.126 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 |
| 26 Tue Nov 2024 | 14.14 | 74.45 | 74.88 | 13.93 | 4.534 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, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Dr Reddy ( (RDY) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 positive zone. This is a BUY 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 14.2 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Dr Reddy ( (RDY) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 positive zone. This is a BUY 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 14.2 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.