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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 2024-11-14 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 750238

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	1533.70	1545.00	1560.00	1524.00	0.613 times
13 Wed Nov 2024	1539.40	1566.00	1577.45	1521.40	1.323 times
12 Tue Nov 2024	1577.05	1475.00	1632.65	1475.00	1.477 times
11 Mon Nov 2024	1634.20	1655.00	1684.45	1631.75	0.594 times
08 Fri Nov 2024	1666.50	1668.90	1681.10	1650.00	0.793 times
07 Thu Nov 2024	1657.35	1768.95	1774.90	1644.10	1.854 times
06 Wed Nov 2024	1768.95	1725.05	1776.75	1721.50	0.828 times
05 Tue Nov 2024	1725.15	1698.00	1737.40	1669.00	1.358 times
04 Mon Nov 2024	1699.25	1694.95	1715.90	1649.00	0.882 times
01 Fri Nov 2024	1690.30	1694.55	1699.85	1681.05	0.062 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1540.5, for a target of 1611.3 or 1670.34

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	1232.10
Downside Target	1406.40
Downside Target	1474.00
Upside Target	1610.00
Upside Target	1684.45
Upside Target	1750.00
Upside Target	1756.85
Upside Target	1769.60
Upside Target	1776.75
Upside Target	1830.95

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1444.32
Downside Intraday Target	1354.93
Upside Intraday Target	1653.77
Upside Intraday Target	1773.83
Upside Intraday Target	1564.38

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	1533.70	1655.00	1684.45	1475.00	0.701 times
08 Fri Nov 2024	1666.50	1694.95	1776.75	1644.10	1.733 times
01 Fri Nov 2024	1690.30	1663.80	1724.40	1628.10	1.15 times
25 Fri Oct 2024	1663.80	1738.50	1756.85	1649.05	0.767 times
18 Fri Oct 2024	1738.45	1797.80	1830.95	1715.30	0.574 times

Price has moved down 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
14 Thu Nov 2024	1533.70	1694.55	1776.75	1475.00	0.487 times
31 Thu Oct 2024	1694.55	1673.00	1830.95	1628.10	0.588 times
30 Mon Sep 2024	1673.50	1737.90	1769.60	1610.00	1.032 times
30 Fri Aug 2024	1731.75	1472.80	1750.00	1406.40	1.219 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 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 to mid 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 mid to longer 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.

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

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

Glenmark Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Glenmark Pharmaceuticals in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1643.7 and Glenmark Pharmaceuticals (GLENMARK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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