(DrReddy) Dr Reddy complete technical analysis [charts+indicators] | Buy/Sell Dr Reddy | (DrReddy) share price targets
Complete technical analysis of Dr Reddy (DrReddy) by charts plus indicators, forecast predictions and share price targets for Dr Reddy (DrReddy)
Showing technical analysis as on 2024-05-27 View latest technical analysis
10 day averaged volume of Dr Reddy is 6881
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 5884.35 | 5864.50 | 5893.30 | 5797.50 | 1.19 times |
| 24 Fri May 2024 | 5864.50 | 5893.00 | 5910.35 | 5840.30 | 0.546 times |
| 23 Thu May 2024 | 5892.25 | 5900.00 | 5932.00 | 5835.20 | 0.666 times |
| 22 Wed May 2024 | 5872.65 | 5844.05 | 5905.25 | 5794.00 | 2.193 times |
| 21 Tue May 2024 | 5780.70 | 5814.80 | 5833.40 | 5775.00 | 1.381 times |
| 18 Sat May 2024 | 5814.80 | 5802.00 | 5915.95 | 5802.00 | 0.086 times |
| 17 Fri May 2024 | 5799.25 | 5848.00 | 5857.10 | 5792.05 | 0.812 times |
| 16 Thu May 2024 | 5840.45 | 5928.00 | 5928.00 | 5710.50 | 1.538 times |
| 15 Wed May 2024 | 5872.35 | 5891.00 | 5964.65 | 5862.15 | 1.172 times |
| 14 Tue May 2024 | 5871.00 | 5949.90 | 5949.90 | 5855.00 | 1.023 times |
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 5802.6 as stoploss in an intra day buy trade for a target of 5998.01. However, stock will show a bearish move below 5802.6.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 5523.45 |
| Downside Target | 5710.50 |
| Upside Target | 6022.00 |
| Upside Target | 6137.45 |
| Upside Target | 6188.55 |
| Upside Target | 6325.30 |
| Upside Target | 6410.35 |
| Upside Target | 6420.00 |
| Upside Target | 6471.00 |
| Upside Target | 6505.50 |
Intraday share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Intraday Target | 5823.47 |
| Downside Intraday Target | 5762.58 |
| Upside Intraday Target | 5919.27 |
| Upside Intraday Target | 5954.18 |
| Downside Intraday Target | 5858.38 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 5884.35 | 5864.50 | 5893.30 | 5797.50 | 0.249 times |
| 24 Fri May 2024 | 5864.50 | 5814.80 | 5932.00 | 5775.00 | 0.918 times |
| 18 Sat May 2024 | 5814.80 | 5927.00 | 5964.65 | 5710.50 | 0.393 times |
| 10 Fri May 2024 | 5916.80 | 6410.35 | 6410.35 | 5820.00 | 1.646 times |
| 03 Fri May 2024 | 6349.95 | 6263.20 | 6420.00 | 6188.55 | 1.045 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 (DrReddy)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 5884.35 | 6201.55 | 6420.00 | 5710.50 | 1.027 times |
| 30 Tue Apr 2024 | 6205.10 | 6178.90 | 6325.30 | 5881.15 | 0.489 times |
| 28 Thu Mar 2024 | 6155.15 | 6449.00 | 6471.00 | 6022.00 | 2.163 times |
| 29 Thu Feb 2024 | 6420.40 | 6096.95 | 6505.50 | 5952.55 | 0.565 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 (DrReddy)
Price action analysis of Dr Reddy ( (DrReddy) ) 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 ( (DrReddy) ) 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 ( (DrReddy) ) 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 ( (DrReddy) ) 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Dr Reddy in short term but SELL 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 5851.85 and Dr Reddy (DrReddy) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Dr Reddy (DrReddy) stock. Volume based technical analysis of Dr Reddy (DrReddy) 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 ( (DrReddy) ) 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 ( (DrReddy) ) 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 ( (DrReddy) ) 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 ( (DrReddy) ) 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Dr Reddy in short term but SELL 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 5851.85 and Dr Reddy (DrReddy) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Dr Reddy (DrReddy) stock. Volume based technical analysis of Dr Reddy (DrReddy) 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.
Click here for Dr Reddy charts
Click here for further forecast and predictions for tomorrow