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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.
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MarketClub’s Trade Triangles for RDY
The long-term trend has been DOWN since Aug 2nd, 2021 at 62.43
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 64.49
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).
| 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 High | 39.96 | Year High Date | 2018-01-24 |
| Year Low | 28.13 | Year Low Date | 2018-05-21 |
| 52wk High | 75.5 | 52wk High Date | 2021-07-02 |
| 52wk Low | 57.54 | 52wk Low Date | 2021-03-18 |
| Year End Close | 33.29 | Average Volume | 151,321 |
| Shares Outstanding | 169,560 | Short Interest | 826,449 |
| % Institutional | 13.1 | Market Cap | 6,438M |
| Assets | 278,214,000M | Liabilities | 100,100,000M |
| P/E Ratio | 47.1614 | Beta | 0.76 |
| Volatility | 34.16 |