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Bullish Two Hundred Day Moving Average Cross - RDY

Shutterstock photo
Shutterstock photo

Shutterstock photo

In trading on Thursday, shares of Dr. Reddy's Laboratories Ltd. (Symbol: RDY) crossed above their 200 day moving average of $46.65, changing hands as high as $46.84 per share. Dr. Reddy's Laboratories Ltd. shares are currently trading up about 1.7% on the day. The chart below shows the one year performance of RDY shares, versus its 200 day moving average:

Dr. Reddy's Laboratories Ltd. 200 Day Moving Average Chart

Looking at the chart above, RDY's low point in its 52 week range is $40.68 per share, with $54.73 as the 52 week high point - that compares with a last trade of $46.75.

According to the ETF Finder at ETF Channel, RDY makes up 4.11% of the First Trust Chindia ETF (Symbol: FNI) which is trading up by about 2% on the day Thursday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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