DR. REDDY'S LABORATORIES-ADR (RDY) Stock Technical Analysis
NYSE:RDY - New York Stock Exchange, Inc. - US2561352038 - ADR - Currency: USD
Taking everything into account, RDY scores 6 out of 10 in our technical rating. In the past year, RDY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
RDY is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. RDY outperforms 79% of them.
In the last month RDY has a been trading in the 13.17 - 14.54 range, which is quite wide. It is currently trading near the high of this range.
RDY has an average volume of 2236340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RDY did better than 73% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
Considerably lower volume is observed in the last couple of days.
RDY has an average technical rating and the quality of the presented setup is also 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
12.23
16.23
We found 3 important support areas.
- A support zone ranging from 13.78 to 14.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.50 to 13.51. 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 12.35 to 12.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.45 to 14.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.88 to 14.92. 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
CRS73.28
Mansfield-0.51
10 Day High14.54
10 Day Low13.17
20 Day High14.54
20 Day Low13.17
52 Week High16.89
52 Week Low12.26
Performance
1 Week1.34%
2 Weeks5.99%
1 Month4.75%
3 Month7.34%
6 Month0.92%
12 Month3.05%
2 Year29.82%
3 Year29.45%
5 Year34.08%
10 Year29.26%
15 Year149.65%
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)0.06
RSI(14)60.67
LBB13.14
UBB14.82
14.33
-0.17 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.17%
1 Week1.34%
2 Weeks5.99%
1 Month4.75%
3 Month7.34%
6 Month0.92%
12 Month3.05%
2 Year29.82%
3 Year29.45%
5 Year34.08%
10 Year29.26%
15 Year149.65%
Volatility
ATR(14)0.28
ATR(20)%1.87%
ATR Inc-46.96%
Range Today0.15
ADR(20)0.21
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.28
Mansfield-0.51
10 Day High14.54
10 Day Low13.17
20 Day High14.54
20 Day Low13.17
52 Week High16.89
52 Week Low12.26
CS1 End14.09
CR1 Start14.45
Volume & EV
DER(3)1.79%
DER(5)-1.01%
Volume1.47M
Volume Incr-37.55%
Vol(5)1.32M
Vol(50)2.24M