


Technical Sentiment Analysis for Dr Reddy's Laboratories Ltd (RDY) As of 2026-05-08, Dr Reddy's Laboratories Ltd (RDY) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 1 indicators are flashing buy, while 12 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for RDY stands at 44.866, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.037, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 42.191 and the Commodity Channel Index (CCI) at -19.402 further confirm a -0.44 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, RDY is trading below its 60-day moving average of $13.806 and below its 200-day long-term moving average of $13.964. Key price levels to watch include the immediate resistance at $14.118 and strong support at $13.128. A break above $14.118 could signal a bull continuation, while falling below $13.128 may test the next Fibonacci floor at $12.674.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 12.138 | 12.674 | 13.128 | 13.664 | 14.118 | 14.654 | 15.108 |
| Fibonacci | 12.674 | 13.052 | 13.286 | 13.664 | 14.042 | 14.276 | 14.654 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 44.866 |
| STOCHk_14_3_3 | 42.191 |
| STOCHd_14_3_3 | 42.036 |
| CCI_20 | -19.402 |
| AO_5_34 | -0.0102 |
| MOM_10 | -0.44 |
| MACD_12_26_9 | -0.037 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 13.346 | Sell |
| MA_10 | 13.582 | Sell |
| MA_20 | 13.373 | Sell |
| MA_60 | 13.806 | Sell |
| MA_200 | 13.964 | Sell |
| MA_250 | 14.15 | Sell |