$12.180
+0.019 (+0.16%)At close
Price Predictions
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RDY Prediction & Forecast by Similar Chart Analysis
Alphio's RDY stock price prediction model matches the current Dr Reddy's Laboratories Ltd tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $12.13 (-0.39%). The 1-week path is $12.27 (+0.75%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Dr Reddy's Laboratories Ltd Stock?
Dr Reddy's Laboratories Ltd is not a good buy right now due to a recent downgrade from Goldman Sachs, which set a price target of INR 1,075, significantly lower than the current price of $12.18. Additionally, the company's last earnings report showed an EPS of 0.06, which was a 64.71% miss from the expected 0.17, indicating potential ongoing financial struggles. The RSI is currently at 47.072, suggesting the stock is neither overbought nor oversold, but the lack of upward momentum and negative analyst sentiment point to a sell recommendation.
RDY stock price ended at $12.18 on Friday, after rising +0.16%
Dr Reddy's Laboratories Ltd (RDY) last closed at $12.18, gaining +0.16%. These facts feed the 1-day and 1-week RDY price prediction above.
Analyst Consensus
Dr Reddy's Laboratories Ltd (RDY): 0 buy, 0 hold, 1 sell. Outlook: Strong Sell.
Sell / Buy
Technical signals summary based on buy and sell indicators. The gauge shows the overall market view.
Forecast Drivers
Dr Reddy's Laboratories Ltd (RDY) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bearish
SMA 20
Bearish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches RDY, ranked by similarity.
Seasonality analysis for RDY
Historically the probability of a positive August return for RDY is 34.92%. February offers the highest probability of a positive month at 63.79%, while January is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.