Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

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.

Open High Low RDY Price Change
55.170 56.055 55.170 55.920 +0.920
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 Jun 17th, 2022 at 52.91

short term up The short-term trend has been UP since Jun 24th, 2022 at 55.39

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).

Smart Scan Analysis for RDY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.170 56.055 55.170 55.920 +0.920
Prev. Close Volume Bid Ask Time
55.920 113674 2022-06-24 15:59:34
Year High39.96Year High Date2018-01-24
Year Low28.13Year Low Date2018-05-21
52wk High75.552wk High Date2021-07-02
52wk Low47.8852wk Low Date2022-03-07
Year End Close33.29Average Volume219,247
Shares Outstanding169,560Short Interest826,449
% Institutional13.1Market Cap6,438M
P/E Ratio25.8337Beta0.76
Get a free daily analysis and signals for DR Reddy Labs (RDY) - Request Your Free Report.