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Dr. Reddy's Laboratories Limited

RDY•NYSE
Healthcare
Drug Manufacturers - Specialty & Generic
$14.05
$-0.07(-0.53%)
U.S. Market opens in 15h 55m

Dr. Reddy's Laboratories Limited (RDY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Dr. Reddy's Laboratories Limited (NYSE:RDY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RDY Technical Analysis Summary

Dr. Reddy's Laboratories Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.23)
Trend Strength:Weak (ADX: 12.31)
Volatility:Low (ATR: 0.25)
Support/Resistance:$14.06 – $14.76 (Bollinger Bands)

Technical conditions suggest Dr. Reddy's Laboratories Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.23

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.13

Bearish
Momentum remains weak below midpoint.

Williams %R: -92.35

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.18

Strongly Bearish
Sharp downside momentum.

Takeaway:Dr. Reddy's Laboratories Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 12.31

Weak
Weak trend, market trading sideways.

ATR (14): 0.25

Low
Low volatility, stable price action.

CCI (14): -178.96

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Dr. Reddy's Laboratories Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.76
Middle Band (SMA 20)
$14.41
Lower Band
$14.06
Current Position
Below Lower Band

Takeaway:Dr. Reddy's Laboratories Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$14.79
Middle Line (EMA 20)
$14.29
Lower Channel
$13.79
Squeeze Status
Squeeze On

Takeaway:Dr. Reddy's Laboratories Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume11.77M
Money Flow Index29.46Bearish, selling pressure outweighs inflows.
Relative Vigor Index37.65Bearish, price momentum favors sellers.

Overall Takeaway:RDY shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Dr. Reddy's Laboratories Limited, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Dr. Reddy's Laboratories Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ