RDY Technical

Technical Sentiment Analysis for Dr Reddy's Laboratories Ltd (RDY) As of 2026-03-02, Dr Reddy's Laboratories Ltd (RDY) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for RDY stands at 55.838, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.21, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 57.361 and the Commodity Channel Index (CCI) at 28.755 further confirm a 0.24 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, RDY is trading below its 60-day moving average of $13.928 and below its 200-day long-term moving average of $14.274. Key price levels to watch include the immediate resistance at $14.805 and strong support at $14.205. A break above $14.805 could signal a bull continuation, while falling below $14.205 may test the next Fibonacci floor at $13.903.