Technical Analysis for RDY - Dr. Reddy's Laboratories Ltd

Grade Last Price % Change Price Change
F 68.68 -1.69% -1.18
RDY closed down 1.69 percent on Friday, May 31, 2024, on 1.66 times normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Fell Below 200 DMA Bearish -1.69%
Multiple of Ten Bearish Other -1.69%
Gapped Down Weakness -1.69%
Fell Below 20 DMA Bearish -2.62%
Crossed Above 20 DMA Bullish -3.19%
Crossed Above 200 DMA Bullish -3.19%
MACD Bullish Signal Line Cross Bullish -3.19%
Gapped Up Strength -3.19%

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Profile

Dr. Reddy's Laboratories Ltd Description

Dr. Reddy's Laboratories Limited operates as an integrated pharmaceutical company. It operates in three segments: Pharmaceutical services and Active Ingredients (PSAI), Global Generics, and Proprietary Products. The PSAI segment develops active pharmaceutical ingredients (APIs) and intermediaries, which are used as principal ingredients for finished pharmaceutical products. This segment also offers contract research services to biotech and pharmaceutical companies; and manufactures and sells APIs and steroids in accordance with the specific customer requirements. The Global Generics segment produces and markets finished pharmaceutical products as branded formulations or generic finished dosages. This segment also engages in the operation of biologics business. The Proprietary Products segment engages in the discovery and development of new chemical entities for subsequent commercialization and out-licensing. It offers new, synergistic combination, and technology formulations that modifies pharmacokinetics of existing medicines. This segment is also involved in the Company's specialty pharmaceuticals business that includes sales and marketing operations for in-licensed and co-developed dermatology. The company offers its products and services primarily in the areas of gastrointestinal, cardiovascular, pain management, and oncology therapies. It primarily operates in India, the United States, Russia and other countries of the former Soviet Union, Europe, and others. Dr. Reddy's Laboratories Limited was founded in 1984 and is headquartered in Hyderabad, India.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Pharmaceutical Pharmaceutical Products Gastrointestinal Dermatology Pain Management Active Pharmaceutical Ingredients Pharmacokinetics Chemical Entities Oncology Therapies Contract Research Services Pharmaceutical Industry In India Pharmaceutical Services Biotech And Pharmaceutical

Is RDY a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 77.72
52 Week Low 55.2087
Average Volume 227,963
200-Day Moving Average 70.09
50-Day Moving Average 71.81
20-Day Moving Average 70.24
10-Day Moving Average 69.47
Average True Range 1.11
RSI (14) 39.02
ADX 24.71
+DI 21.88
-DI 37.06
Chandelier Exit (Long, 3 ATRs) 72.10
Chandelier Exit (Short, 3 ATRs) 71.40
Upper Bollinger Bands 73.84
Lower Bollinger Band 66.64
Percent B (%b) 0.28
BandWidth 10.25
MACD Line -0.76
MACD Signal Line -0.83
MACD Histogram 0.0733
Fundamentals Value
Market Cap 11.44 Billion
Num Shares 167 Million
EPS 3.77
Price-to-Earnings (P/E) Ratio 18.22
Price-to-Sales 0.05
Price-to-Book 3.82
PEG Ratio 4.87
Dividend 40.00
Dividend Yield 58.24%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 70.96
Resistance 3 (R3) 71.01 70.30 70.58
Resistance 2 (R2) 70.30 69.72 70.28 70.45
Resistance 1 (R1) 69.49 69.36 69.14 69.44 70.33
Pivot Point 68.78 68.78 68.60 68.76 68.78
Support 1 (S1) 67.97 68.20 67.62 67.92 67.03
Support 2 (S2) 67.26 67.84 67.24 66.91
Support 3 (S3) 66.45 67.26 66.78
Support 4 (S4) 66.40