


Technical Sentiment Analysis for Dr Reddy's Laboratories Ltd (RDY) As of 2026-07-08, Dr Reddy's Laboratories Ltd (RDY) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 8 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for RDY stands at 56.254, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.294, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 54.118 and the Commodity Channel Index (CCI) at 47.101 further confirm a 0.145 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, RDY is trading below its 60-day moving average of $13.593 and below its 200-day long-term moving average of $13.85. Key price levels to watch include the immediate resistance at $15.56 and strong support at $13.84. A break above $15.56 could signal a bull continuation, while falling below $13.84 may test the next Fibonacci floor at $13.035.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 12.12 | 13.035 | 13.84 | 14.755 | 15.56 | 16.475 | 17.28 |
| Fibonacci | 13.035 | 13.692 | 14.098 | 14.755 | 15.412 | 15.818 | 16.475 |
2026-07-08
| Name | Value |
|---|---|
| RSI_14 | 56.254 |
| STOCHk_14_3_3 | 54.118 |
| STOCHd_14_3_3 | 50.729 |
| CCI_20 | 47.101 |
| AO_5_34 | 0.586 |
| MOM_10 | 0.145 |
| MACD_12_26_9 | 0.294 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 14.363 | Buy |
| MA_10 | 14.645 | Sell |
| MA_20 | 14.054 | Buy |
| MA_60 | 13.593 | Buy |
| MA_200 | 13.85 | Buy |
| MA_250 | 13.946 | Buy |