Is Dr Reddy's Labs technically bullish or bearish?
As of August 7, 2025, Dr Reddy's Labs exhibits a bearish technical trend, with key indicators like the MACD and Bollinger Bands confirming this stance, while performance against the Sensex shows significant underperformance.
As of 7 August 2025, the technical trend for Dr Reddy's Labs has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators supporting this view. The MACD is mildly bearish on both the weekly and monthly time frames. Bollinger Bands also indicate a bearish trend on both weekly and monthly charts. The KST shows mixed signals, being bullish weekly but mildly bearish monthly. Additionally, the Dow Theory reflects a mildly bearish stance on the weekly chart while being mildly bullish monthly. The overall performance against the Sensex shows a significant underperformance, particularly in the 1-month and year-to-date comparisons.
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