DR. REDDY'S LABORATORIES-ADR (RDY) Stock Technical Analysis
NYSE:RDY • US2561352038
Taking everything into account, RDY scores 8 out of 10 in our technical rating. Although RDY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- In the last month RDY has a been trading in the 12.95 - 14.63 range, which is quite wide. It is currently trading near the high of this range.
- RDY has an average volume of 1639850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 52% of all stocks.
- RDY is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, RDY did better than 56% of them.
- RDY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RDY is lagging the market.
Although RDY has an excellent technical rating, the quality of the presented setup is not ideal 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
12.86
We found 4 important support areas.
- A support zone ranging from 14.26 to 14.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.84 to 13.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.29 from a horizontal line in the daily time frame.
- Support @12.99 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.76 to 14.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for RDY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDY is up. |
| ChartMill Relative Strength | 52.93 | NEUTRAL | RDY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.26 | NEUTRAL | The RSI value for RDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RDY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.22 | OVERBOUGHT | The high Stochastics value suggests RDY may be overbought. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for RDY suggests low volalility. |
| Average Directional Index/ADX (14) | 13.08 | NEGATIVE | The low ADX value for RDY suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.00 | 14.25 | 0.75 (5.00%) | 20.00% |
| An entry @15.00. This is a Buy Stop order right above the resistance zone. | An exit @14.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.75 points, which is 5.00%. | For a 1.00% total portfolio risk, you can invest 20.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:RDY (2/23/2026, 2:50:46 PM)
14.635
+0.14 (+1%)
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 8 / 10 to RDY.
What is the current trend direction of DR. REDDY'S LABORATORIES-ADR (RDY) stock?
The current trend direction for DR. REDDY'S LABORATORIES-ADR (RDY) is Bullish.
What is the RSI signal for RDY stock?
DR. REDDY'S LABORATORIES-ADR (RDY) has an RSI value of 64.2569. This indicates that the stock is currently neutral.
What is the MACD signal for RDY stock?
The MACD indicator for DR. REDDY'S LABORATORIES-ADR (RDY) has a value of 0.0645627, indicating a bearish trend.
Can you provide the buy/sell signal for DR. REDDY'S LABORATORIES-ADR?
The buy/sell signal for DR. REDDY'S LABORATORIES-ADR (RDY) is buy as both the short term and long term trends are positive.