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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 2024-09-09 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 991116

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	1704.20	1702.70	1724.00	1688.30	1.037 times
06 Fri Sep 2024	1702.70	1709.70	1725.00	1695.00	1.011 times
05 Thu Sep 2024	1709.45	1686.00	1715.80	1680.00	1.004 times
04 Wed Sep 2024	1686.55	1682.00	1704.45	1666.50	1.399 times
03 Tue Sep 2024	1687.50	1694.50	1716.70	1681.50	1.002 times
02 Mon Sep 2024	1687.90	1737.90	1750.50	1683.40	0.599 times
30 Fri Aug 2024	1731.75	1687.00	1750.00	1683.15	1.394 times
29 Thu Aug 2024	1691.30	1705.10	1713.90	1676.15	1.353 times
28 Wed Aug 2024	1707.45	1706.95	1712.00	1695.00	0.669 times
27 Tue Aug 2024	1707.30	1691.70	1718.00	1680.00	0.807 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 1729.7 as stoploss in an intra day sell trade for a target of 1653.09. However, stock will show a bullish move above 1729.7.

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	985.20
Downside Target	1037.15
Downside Target	1183.90
Downside Target	1232.10
Downside Target	1264.00
Downside Target	1406.40
Downside Target	1474.00
Downside Target	1565.80
Downside Target	1666.50
Upside Target	1724.00
Upside Target	1750.00
Upside Target	1750.50

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1687
Downside Intraday Target	1669.8
Upside Intraday Target	1722.7
Upside Intraday Target	1741.2
Upside Intraday Target	1705.5

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	1704.20	1702.70	1724.00	1688.30	0.207 times
06 Fri Sep 2024	1702.70	1737.90	1750.50	1666.50	1.006 times
30 Fri Aug 2024	1731.75	1695.50	1750.00	1676.15	0.779 times
23 Fri Aug 2024	1686.65	1582.10	1694.45	1565.80	0.713 times
16 Fri Aug 2024	1565.80	1475.60	1576.00	1425.85	2.737 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
09 Mon Sep 2024	1704.20	1737.90	1750.50	1666.50	0.241 times
30 Fri Aug 2024	1731.75	1472.80	1750.00	1406.40	1.219 times
31 Wed Jul 2024	1468.75	1233.00	1474.00	1232.10	1.454 times
28 Fri Jun 2024	1230.50	1174.95	1264.00	1037.15	0.601 times

Scroll below to view daily charts

Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing 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. Bears are weakening, and bulls 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 SELL signal for Glenmark Pharmaceuticals in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 1702.08 and Glenmark Pharmaceuticals (GLENMARK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.