Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Dr. Reddy's Laboratories Limited

RDY Technical Analysis Summary (NYSE)

Analyze RDY on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RDY●NYSE
HealthcareDrug Manufacturers - Specialty & Generic
$12.03
$0.13(1.11%)
U.S. Market opens in 7h 17m

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 (NYSE)

Dr. Reddy's Laboratories Limited (NYSE: RDY) stock currently shows a bearish trend on the NYSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.49)
Trend Strength:Strong (ADX: 32.13)
Volatility:Low (ATR: 0.22)
Support/Resistance:$11.98 – $12.43 (Bollinger Bands)

Technical conditions suggest Dr. Reddy's Laboratories Limited on the NYSE is awaiting a decisive move. Overall, Dr. Reddy's Laboratories Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 39.49

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 32.79

Bearish
Momentum remains weak below midpoint.

Williams %R: -81.25

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.18

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.09

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.13

Strong
Strong trend, momentum well established.

ATR (14): 0.22

Low
Low volatility, stable price action.

CCI (14): -190.90

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Dr. Reddy's Laboratories Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$12.43
Middle Band (SMA 20)
$12.21
Lower Band
$11.98
Current Position
Within Bands

Takeaway:Dr. Reddy's Laboratories Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$12.63
Middle Line (EMA 20)
$12.20
Lower Channel
$11.77
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 Volume-6.23M
Money Flow Index47.14Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.44Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RDY shows balanced money flow with a slight bearish tilt.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Dr. Reddy's Laboratories Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NYSE: RDY) Technical Analysis FAQ