(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)
10 day averaged volume of Dr Reddy is 17021
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 4418.00 | 4414.00 | 4431.15 | 4389.50 | 1.366 times |
| 24 Thu Nov 2022 | 4415.05 | 4416.05 | 4441.35 | 4376.05 | 0.394 times |
| 23 Wed Nov 2022 | 4407.20 | 4395.95 | 4419.25 | 4370.65 | 0.354 times |
| 22 Tue Nov 2022 | 4361.90 | 4351.35 | 4400.00 | 4326.90 | 0.663 times |
| 21 Mon Nov 2022 | 4351.30 | 4370.00 | 4389.45 | 4318.30 | 1.489 times |
| 18 Fri Nov 2022 | 4412.15 | 4450.00 | 4450.00 | 4378.00 | 0.399 times |
| 17 Thu Nov 2022 | 4411.95 | 4477.65 | 4485.40 | 4392.45 | 0.413 times |
| 16 Wed Nov 2022 | 4477.65 | 4427.10 | 4540.35 | 4414.35 | 1.296 times |
| 15 Tue Nov 2022 | 4436.65 | 4363.65 | 4446.40 | 4350.20 | 2.479 times |
| 14 Mon Nov 2022 | 4365.75 | 4434.00 | 4452.90 | 4318.00 | 1.845 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 4392.6 as stoploss in an intra day buy trade for a target of 4464.03. However, stock will show a bearish move below 4392.6.
Share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Target | 3996.10 |
| Downside Target | 4215.90 |
| Downside Target | 4318.00 |
| Upside Target | 4445.10 |
| Upside Target | 4518.00 |
| Upside Target | 4540.35 |
| Upside Target | 4613.65 |
| Upside Target | 4614.20 |
| Upside Target | 4625.00 |
| Upside Target | 4645.55 |
Intraday share price targets for Dr Reddy (DrReddy)
| Target Type | Value |
| Downside Intraday Target | 4343.75 |
| Downside Intraday Target | 4269.5 |
| Upside Intraday Target | 4466.8 |
| Upside Intraday Target | 4515.6 |
| Downside Intraday Target | 4392.55 |
Weekly technical analysis of Dr Reddy (DrReddy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 4418.00 | 4370.00 | 4441.35 | 4318.30 | 0.663 times |
| 18 Fri Nov 2022 | 4412.15 | 4434.00 | 4540.35 | 4318.00 | 1.608 times |
| 11 Fri Nov 2022 | 4544.70 | 4524.15 | 4614.20 | 4445.10 | 0.439 times |
| 04 Fri Nov 2022 | 4524.15 | 4521.00 | 4645.55 | 4344.10 | 1.238 times |
| 28 Fri Oct 2022 | 4460.90 | 4335.10 | 4518.00 | 4335.10 | 8.339 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 |
| 25 Fri Nov 2022 | 4418.00 | 4459.60 | 4645.55 | 4318.00 | 0.85 times |
| 31 Mon Oct 2022 | 4431.40 | 4270.95 | 4625.00 | 4215.90 | 1.197 times |
| 30 Fri Sep 2022 | 4333.95 | 4241.95 | 4406.00 | 3996.10 | 0.7 times |
| 30 Tue Aug 2022 | 4244.60 | 4125.00 | 4329.60 | 4040.00 | 1.12 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 21, 3 | Sell |
| MACD | 23, 40 | Sell |
| Stochastics | 37 | None |
| CCI | 21 | Buy |
| RSI | 38 | Sell |
| OBV | 75005 | Sell |
| VWAP | 4407 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Dr Reddy ( (DrReddy) ) 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 ( (DrReddy) ) 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 ( (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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Dr Reddy in short term but the sell signal is initial and weak.
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 green color and prices are in or below 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 and selling is picking up 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 4406.86 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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