DR. REDDY'S LABORATORIES-ADR (RDY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RDY - US2561352038 - ADR
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.
Although the technical rating is bad, RDY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.05
We found 2 important support areas.
- A support zone ranging from 13.49 to 13.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.18 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 13.98 to 14.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.33 from a trend line in the daily time frame.
- A resistance zone ranging from 14.76 to 14.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @15.19 from a trend line in the weekly time frame.
- A resistance zone ranging from 15.81 to 15.86. This zone is formed by a combination of multiple trend lines in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RDY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RDY is neutral. |
| ChartMill Relative Strength | 24.35 | NEGATIVE | RDY has a low relative strength, it was outperformed by 75.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RDY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RDY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.87 | NEUTRAL | The RSI value for RDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RDY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.99 | NEUTRAL | The Stochastics value for RDY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for RDY suggests low volalility. |
| Average Directional Index/ADX (14) | 13.61 | NEGATIVE | The low ADX value for RDY suggests a weak or negative trend. |
NYSE:RDY (12/17/2025, 12:15:03 PM)
13.93
+0.02 (+0.14%)
DR. REDDY'S LABORATORIES-ADR / RDY FAQ
What is the ChartMill technical rating of DR. REDDY'S LABORATORIES-ADR (RDY) stock?
ChartMill assigns a technical rating of 0 / 10 to RDY.
Can you provide the trend direction for DR. REDDY'S LABORATORIES-ADR?
The current trend direction for DR. REDDY'S LABORATORIES-ADR (RDY) is Bearish.
What is the RSI signal for RDY stock?
DR. REDDY'S LABORATORIES-ADR (RDY) has an RSI value of 47.8679. This indicates that the stock is currently neutral.
What is the short term momentum for RDY stock?
The short term momentum for DR. REDDY'S LABORATORIES-ADR (RDY) is neutral.
Can you provide the support and resistance levels for DR. REDDY'S LABORATORIES-ADR?
DR. REDDY'S LABORATORIES-ADR (RDY) has a support level at 13.51 and a resistance level at 13.98. Check the full technical report for our detailed analysis of RDY support and resistance levels.