USA - NYSE:RDY - US2561352038 - ADR
Taking everything into account, RDY scores 2 out of 10 in our technical rating. 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 has a poor technical rating and the quality of the setup is also not perfect 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.
13.05
2 important support areas can be observed.
We can see 4 important resistance areas.
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 | UP | POSITIVE | The short term trend for RDY is up. |
| ChartMill Relative Strength | 42.86 | NEUTRAL | RDY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RDY is above 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) | 52.77 | 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. |
| Stochastics (14,3) | 91.99 | OVERBOUGHT | The high Stochastics value suggests RDY may be overbought. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for RDY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.4 | NEGATIVE | The low ADX value for RDY suggests a weak or negative trend. |
NYSE:RDY (11/19/2025, 2:58:30 PM)
14.02
0 (0%)
ChartMill assigns a technical rating of 2 / 10 to RDY.
The current trend direction for DR. REDDY'S LABORATORIES-ADR (RDY) is Bearish.
DR. REDDY'S LABORATORIES-ADR (RDY) has an RSI value of 52.766. This indicates that the stock is currently neutral.
The short term momentum for DR. REDDY'S LABORATORIES-ADR (RDY) is positive.
DR. REDDY'S LABORATORIES-ADR (RDY) has a support level at 13.99 and a resistance level at 14.11. Check the full technical report for our detailed analysis of RDY support and resistance levels.