DR. REDDY'S LABORATORIES-ADR (RDY) Stock Technical Analysis
NYSE:RDY - New York Stock Exchange, Inc. - US2561352038 - ADR - Currency: USD
Overall RDY gets a technical rating of 4 out of 10. 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.
RDY is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
RDY is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. RDY outperforms 74% of them.
RDY has an average volume of 2205630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, RDY outperforms 44% of them, which is more or less in line with the market.
In the last month RDY has a been trading in the 12.78 - 14.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RDY has an average technical rating and it also does not offer a high quality setup 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 1 important support area.
- A support zone ranging from 12.35 to 12.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.57 to 14.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.98 to 15.00. 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
CRS44.01
Mansfield-0.86
10 Day High14.07
10 Day Low13.17
20 Day High14.07
20 Day Low12.78
52 Week High16.89
52 Week Low12.26
Performance
1 Week-4.29%
2 Weeks-2.83%
1 Month5.43%
3 Month-3.53%
6 Month-11.32%
12 Month-3.14%
2 Year21.4%
3 Year21.05%
5 Year25.37%
10 Year20.87%
15 Year133.45%
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)-0.07
RSI(14)47.32
LBB13.26
UBB14.23
13.4
+0.22 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.67%
1 Week-4.29%
2 Weeks-2.83%
1 Month5.43%
3 Month-3.53%
6 Month-11.32%
12 Month-3.14%
2 Year21.4%
3 Year21.05%
5 Year25.37%
10 Year20.87%
15 Year133.45%
Volatility
ATR(14)0.27
ATR(20)%1.99%
ATR Inc91.77%
Range Today0.39
ADR(20)0.21
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.01
Mansfield-0.86
10 Day High14.07
10 Day Low13.17
20 Day High14.07
20 Day Low12.78
52 Week High16.89
52 Week Low12.26
CS1 End12.53
CR1 Start13.57
Volume & EV
DER(3)2.74%
DER(5)3.02%
Volume2.67M
Volume Incr-27.82%
Vol(5)1.93M
Vol(50)2.21M