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(GLENMARK) Glenmark Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Glenmark Pharmaceuticals | (GLENMARK) share price targets

Complete technical analysis of Glenmark Pharmaceuticals (GLENMARK) by charts plus indicators, forecast predictions and share price targets for Glenmark Pharmaceuticals (GLENMARK)

Glenmark Pharmaceuticals trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 819982

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	1039.35	1030.00	1054.10	1026.45	0.318 times
19 Fri Apr 2024	1026.40	1032.00	1039.45	1020.15	0.93 times
18 Thu Apr 2024	1041.80	1060.00	1063.95	1034.20	1.39 times
16 Tue Apr 2024	1060.00	1044.00	1063.95	1040.10	0.519 times
15 Mon Apr 2024	1044.00	1031.00	1060.00	1031.00	0.715 times
12 Fri Apr 2024	1051.80	1043.35	1070.00	1031.00	1.196 times
10 Wed Apr 2024	1043.35	1047.00	1058.00	1031.55	1.438 times
09 Tue Apr 2024	1047.00	1058.00	1059.95	1035.40	1.16 times
08 Mon Apr 2024	1039.10	1017.40	1057.75	1017.40	1.061 times
05 Fri Apr 2024	1017.40	1010.00	1019.00	999.30	0.54 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1044.7 as stoploss in an intra day sell trade for a target of 1004.83. However, stock will show a bullish move above 1044.7.

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	771.00
Downside Target	847.55
Downside Target	883.00
Downside Target	922.70
Downside Target	1017.40
Downside Target	1019.00
Downside Target	1020.15
Downside Target	1026.45
Upside Target	1054.10
Upside Target	1063.95
Upside Target	1070.00

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1025.83
Downside Intraday Target	1012.32
Upside Intraday Target	1053.48
Upside Intraday Target	1067.62
Upside Intraday Target	1039.97

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	1039.35	1030.00	1054.10	1026.45	0.089 times
19 Fri Apr 2024	1026.40	1031.00	1063.95	1020.15	0.732 times
12 Fri Apr 2024	1051.80	1017.40	1070.00	1017.40	1.146 times
05 Fri Apr 2024	1017.40	959.05	1019.00	959.05	1.776 times
28 Thu Mar 2024	958.45	950.00	969.40	936.00	0.508 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	1039.35	959.05	1070.00	959.05	0.558 times
28 Thu Mar 2024	958.45	925.10	974.00	883.00	0.5 times
29 Thu Feb 2024	925.10	920.10	942.00	771.00	1.596 times
31 Wed Jan 2024	910.20	854.00	922.70	847.55	0.874 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Glenmark Pharmaceuticals (GLENMARK)

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Glenmark Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Glenmark Pharmaceuticals in short term but the sell signal is initial and weak.

Glenmark Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Glenmark Pharmaceuticals in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Glenmark Pharmaceuticals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1041.81 and Glenmark Pharmaceuticals (GLENMARK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Glenmark Pharmaceuticals (GLENMARK) stock. Volume based technical analysis of Glenmark Pharmaceuticals (GLENMARK) stock is negative.

Glenmark Pharmaceuticals Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.