Is Dr Reddy's Labs technically bullish or bearish?
As of 14 October 2025, the technical outlook for Dr Reddy's Labs has shifted to mildly bearish, supported by bearish MACD readings, Bollinger Bands, and KST indicators, despite some mildly bullish daily moving averages.
As of 14 October 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by the weekly and monthly MACD readings, both indicating a bearish outlook. The Bollinger Bands are also bearish on the weekly and mildly bearish on the monthly, reinforcing this sentiment. The KST aligns with this view, showing a mildly bearish trend on both time frames. While the daily moving averages are mildly bullish, they are overshadowed by the overall bearish indicators in the weekly and monthly analyses. The lack of significant signals from the RSI and the Dow Theory's mildly bearish stance further support the bearish outlook. Overall, the technical indicators suggest a cautious approach towards Dr Reddy's Labs.
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