DR. REDDY'S LABORATORIES-ADR (RDY) Stock Technical Analysis
NYSE:RDY - New York Stock Exchange, Inc. - US2561352038 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to RDY. RDY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RDY is a bad performer in the overall market: 78% of all stocks are doing better.
RDY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month RDY has a been trading in the 13.36 - 15.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
RDY has an average volume of 1730830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RDY is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, RDY did better than 56% of them.
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.
More info and screens
13.37
16.23
We found 1 important support area.
- A support zone ranging from 13.51 to 13.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 13.53 to 13.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.72 to 15.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.63 to 15.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.07 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.3
Mansfield-1.8
10 Day High15.33
10 Day Low13.36
20 Day High15.95
20 Day Low13.36
52 Week High16.89
52 Week Low13.36
Performance
1 Week-10.4%
2 Weeks-11.4%
1 Month-14.75%
3 Month-8.98%
6 Month-18.75%
12 Month-6.36%
2 Year25.65%
3 Year17.57%
5 Year54.76%
10 Year33.94%
15 Year185.11%
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)-0.23
RSI(14)28.26
LBB13.2
UBB16.17
DR. REDDY'S LABORATORIES-ADR
NYSE:RDY (1/29/2025, 8:04:00 PM)
After market: 13.52 0 (0%)13.52
-0.01 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.07%
1 Week-10.4%
2 Weeks-11.4%
1 Month-14.75%
3 Month-8.98%
6 Month-18.75%
12 Month-6.36%
2 Year25.65%
3 Year17.57%
5 Year54.76%
10 Year33.94%
15 Year185.11%
Volatility
ATR(14)0.34
ATR(20)%2.26%
ATR Inc-33.06%
Range Today0.17
ADR(20)0.25
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.3
Mansfield-1.8
10 Day High15.33
10 Day Low13.36
20 Day High15.95
20 Day Low13.36
52 Week High16.89
52 Week Low13.36
CS1 End13.51
CR1 Start13.53
Volume & EV
DER(3)2.07%
DER(5)0.33%
Volume1.28M
Volume Incr-16.65%
Vol(5)1.70M
Vol(50)1.73M