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Stock Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

DR Reddy Labs (NYSE:RDY)

Sidelines Mode (-55) - RDY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RDY?

MarketClub looks at technical strength and momentum to determine if the timing is right for RDY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_RDY
Open High Low RDY Price Change
65.790 66.160 65.595 66.030 +0.570
Entry Signal

MarketClub’s Trade Triangles for RDY

long term down The long-term trend has been DOWN since Aug 2nd, 2021 at 62.43

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 64.49

short term up The short-term trend has been UP since Oct 14th, 2021 at 65.32

Smart Scan Analysis for RDY

Based on our trend formula, RDY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RDY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.790 66.160 65.595 66.030 +0.570
Prev. Close Volume Bid Ask Time
66.010 63712 2021-10-15 15:59:53
Year High39.96Year High Date2018-01-24
Year Low28.13Year Low Date2018-05-21
52wk High75.552wk High Date2021-07-02
52wk Low57.5452wk Low Date2021-03-18
Year End Close33.29Average Volume151,321
Shares Outstanding169,560Short Interest826,449
% Institutional13.1Market Cap6,438M
Assets278,214,000MLiabilities100,100,000M
P/E Ratio47.1614Beta0.76
Volatility34.16
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