DR. REDDY'S LABORATORIES-ADR (RDY) Technical Analysis
NYSE:RDY • US2561352038
Overall RDY gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RDY is only an average performer.
- The long and short term trends are both positive. This is looking good!
- RDY has an average volume of 1844290 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 65% of all stocks.
- RDY is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, RDY did better than 62% of them.
- 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.
- In the last month RDY has a been trading in a tight range between 13.99 and 14.80.
RDY has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.26, a Stop Loss order could be placed below this zone.
More info and screens
12.90
When analyzing the support we can see 2 important areas.
- Support @13.29 from a horizontal line in the daily time frame.
- Support @13.03 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.26 to 14.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.68 to 14.92. 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 | 65.59 | NEUTRAL | RDY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RDY is below 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) | DOWN | NEGATIVE | The current price of RDY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.64 | NEUTRAL | The RSI value for RDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RDY has a negative trend. |
| Stochastics (14,3) | 58.85 | NEUTRAL | The Stochastics value for RDY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for RDY suggests low volalility. |
| Average Directional Index/ADX (14) | 10.16 | 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 |
|---|---|---|---|
| 14.44 | 13.98 | 0.46 (3.19%) | 25.00% |
| An entry @14.44. This is a Buy Stop order right above the resistance zone. | An exit @13.98. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.46 points, which is 3.19%. | For a 0.80% total portfolio risk, you can invest 25.00% 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.
RDY Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:RDY (3/13/2026, 2:57:34 PM)
14.21
-0.14 (-0.98%)
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 7 / 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 52.6373. 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 -0.0284532, 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.