RDY (NYSE)

RDY NYSE

Dr Reddys Laboratories ADR repsg 1

STAY LONG

13.45

Prev.Close

13.71

Change

-0.2600

Change%

-1.90%

BEARISH THREE GAP UPS

Bought at

13.22

Open

13.41

High

13.51

Low

13.36

13.45

Gain%

+1.74%

Signal History

Date	Price	Signal	Change%		$100⇨
03/17	13.22	BUY	+1.7%	✔	85
03/12	12.64	SHORT	+4.6%	❌	90
03/06	12.99	BUY	-2.7%	❌	93
02/26	13.06	SHORT	-0.5%	✔	92
02/24	13.49	BUY	-3.2%	❌	96
02/07	13.90	SHORT	-2.9%	✔	94
02/04	13.84	BUY	+0.4%	✔	93
01/27	13.71	SHORT	+0.9%	❌	95
01/22	14.94	BUY	-8.2%	❌	104
01/14	15.26	SHORT	-2.1%	✔	102
01/08	15.75	BUY	-3.1%	❌	106
01/03	15.44	SELL	+2.0%	❌	106
11/19	14.25	BUY	+8.4%	✔	98
10/24	15.58	SELL	-8.5%	✔	98
10/15	15.82	BUY	-1.5%	❌	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 03/17/2025, 8 days ago, when the stock price was 13.22. Since then, RDY has risen by +1.74%.

Market Outlook

The market is no longer favoring the bulls. Bearish signs are increasing, and the likelihood of a downside breakout is significant. The share price is below the confirmation level of the last bearish pattern, but the signal is still suggesting to STAY LONG. The <SELL signal requires a black body whose close is below the confirmation level and the chance of detecting such a black candlestick is high. The Delayed Intraday Module is ON. Due to the elevated risk, closely monitoring the intraday price action has become indispensable.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		$100⇨
03/17	13.22	BUY	+1.7%	✔	139
03/12	12.64	SHORT	+4.6%	❌	146
03/06	12.99	BUY	-2.7%	❌	151
02/26	13.06	SHORT	-0.5%	✔	151
02/24	13.49	BUY	-3.2%	❌	156
02/07	13.90	SHORT	-2.9%	✔	152
02/04	13.84	BUY	+0.4%	✔	152
01/27	13.71	SHORT	+0.9%	❌	154
01/22	14.94	BUY	-8.2%	❌	169
01/14	15.26	SHORT	-2.1%	✔	166
01/08	15.75	BUY	-3.1%	❌	172
01/03	15.44	SELL	+2.0%	❌	172
11/19	14.25	BUY	+8.4%	✔	159
10/24	15.58	SELL	-8.5%	✔	160
10/15	15.82	BUY	-1.5%	❌	163
10/04	15.76	SELL	+0.4%	❌	163
09/24	15.88	BUY	-0.7%	❌	164
09/17	15.91	SHORT	-0.2%	✔	165
09/12	15.92	BUY	-0.1%	❌	166
08/22	16.70	SELL	-4.7%	✔	166
08/20	16.60	BUY	+0.6%	✔	165
08/15	16.31	SHORT	+1.8%	❌	169
07/22	16.01	BUY	+1.8%	✔	167
07/16	15.89	SELL	+0.8%	❌	167
06/21	14.20	BUY	+11.9%	✔ 👍	149
06/12	14.37	SELL	-1.2%	✔	150
06/05	13.91	BUY	+3.3%	✔	145
05/30	14.00	SHORT	-0.7%	✔	145
05/21	13.78	BUY	+1.6%	✔	143
05/09	14.08	SHORT	-2.1%	✔	141
04/25	14.72	BUY	-4.3%	❌	148
04/12	14.44	SHORT	+1.9%	❌	151
04/09	14.78	BUY	-2.3%	❌	155
03/13	15.21	SHORT	-2.8%	✔	152
03/11	15.45	BUY	-1.6%	❌	155
02/27	15.37	SELL	+0.6%	❌	155
01/23	13.64	BUY	+12.6%	✔ 👍	138
01/04	14.04	SELL	-2.9%	✔	138
12/27	13.61	BUY	+3.2%	✔	134
12/15	13.32	SHORT	+2.2%	❌	138