DR. REDDY'S LABORATORIES-ADR (RDY)

US2561352038 - ADR

15.37  +0.25 (+1.65%)

After market: 15.27 -0.1 (-0.65%)

Technical Rating and Analysis

3

Overall RDY gets a technical rating of 3 out of 10. RDY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

RDY is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. RDY outperforms 73% of them.
In the last month RDY has a been trading in the 13.96 - 15.54 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, RDY turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
RDY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RDY is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
RDY Weekly chart
RDY Daily chart
Setup Rating and Analysis

3

The technical rating of RDY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

13.51

17.02

2 important support areas can be observed.

  • A support zone ranging from 13.98 to 14.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @13.65 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 16.80 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.89
Mansfield-0.67
10 Day High15.55
10 Day Low14.29
20 Day High15.55
20 Day Low13.96
52 Week High16.89
52 Week Low13.41
Performance
1 Week6.29%
2 Weeks5.49%
1 Month9.86%
3 Month-2.15%
6 Month7.39%
12 Month14.14%
2 Year48.5%
3 Year17.49%
5 Year89.38%
10 Year52.33%
15 Year217.43%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)66
LBB13.95
UBB15.17
RDY Daily chart

DR. REDDY'S LABORATORIES-ADR

NYSE:RDY (12/20/2024, 8:04:00 PM)

After market: 15.27 -0.1 (-0.65%)

15.37

+0.25 (+1.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.65%
1 Week6.29%
2 Weeks5.49%
1 Month9.86%
3 Month-2.15%
6 Month7.39%
12 Month14.14%
2 Year48.5%
3 Year17.49%
5 Year89.38%
10 Year52.33%
15 Year217.43%
Volatility
ATR(14)0.29
ATR(20)%1.76%
ATR Inc163.76%
Range Today0.2
ADR(20)0.19
ADR(20)%1.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.89
Mansfield-0.67
10 Day High15.55
10 Day Low14.29
20 Day High15.55
20 Day Low13.96
52 Week High16.89
52 Week Low13.41
CS1 End14.97
CR1 Start16.8
Volume & EV
DER(3)-3.45%
DER(5)-0.45%
Volume2.25M
Volume Incr20.45%
Vol(5)1.77M
Vol(50)920.57K