(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 39592
|Date||Daily Closing Price||Open||High||Low||Volume|
|20 Mon Sep 2021||4776.50||4849.15||4884.40||4751.00||1.627 times|
|17 Fri Sep 2021||4889.15||4931.70||4955.20||4869.40||0.325 times|
|16 Thu Sep 2021||4931.70||4990.00||4995.00||4915.60||0.48 times|
|15 Wed Sep 2021||4965.00||4939.00||4974.90||4920.00||0.689 times|
|14 Tue Sep 2021||4930.60||4932.05||4988.85||4923.95||0.576 times|
|13 Mon Sep 2021||4932.90||4910.00||4945.00||4875.00||1.064 times|
|09 Thu Sep 2021||4914.50||4902.00||4921.00||4881.25||0.869 times|
|08 Wed Sep 2021||4910.25||4900.00||4940.00||4861.65||0.596 times|
|07 Tue Sep 2021||4899.20||4915.15||4926.55||4856.70||0.833 times|
|06 Mon Sep 2021||4915.15||4930.00||4944.45||4871.10||3.529 times|
My analysis of stock is bearish for shortterm, and stock might move down till 4630.9 or till 4444.2. Use a stoploss of 4786.5 and if the stock hits stoploss, then it can shoot up till 4942.09
Share price targets for Dr Reddy (DrReddy)
Intraday share price targets for Dr Reddy (DrReddy)
|Downside Intraday Target||4723.53|
|Downside Intraday Target||4670.57|
|Upside Intraday Target||4856.93|
|Upside Intraday Target||4937.37|
|Upside Intraday Target||4803.97|
Weekly technical analysis of Dr Reddy (DrReddy)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|20 Mon Sep 2021||4776.50||4849.15||4884.40||4751.00||0.519 times|
|17 Fri Sep 2021||4889.15||4910.00||4995.00||4869.40||0.538 times|
|09 Thu Sep 2021||4914.50||4930.00||4944.45||4856.70||0.876 times|
|03 Fri Sep 2021||4899.45||4599.00||4913.05||4576.75||2.129 times|
|27 Fri Aug 2021||4601.25||4561.15||4611.85||4448.00||0.838 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 (DrReddy)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|20 Mon Sep 2021||4776.50||4735.00||4995.00||4688.00||0.647 times|
|31 Tue Aug 2021||4702.45||4717.00||4855.85||4448.00||1.048 times|
|30 Fri Jul 2021||4712.70||5439.00||5613.65||4659.60||0.86 times|
|30 Wed Jun 2021||5420.35||5305.00||5514.00||5151.00||0.808 times|
Scroll below to view daily charts
Price has moved up 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||22, 27, 11||Sell|
Price action analysis of Dr Reddy ( (DrReddy) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 ( (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 losing momentum.
MACD generated a BUY signal for Dr Reddy in short term but the buy 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 4898.08 and Dr Reddy (DrReddy) 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 (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.