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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 2024-12-02 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 575969

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	1547.55	1528.10	1564.50	1519.95	1.059 times
29 Fri Nov 2024	1528.65	1500.00	1531.50	1495.85	0.505 times
28 Thu Nov 2024	1495.15	1524.00	1533.85	1491.80	0.374 times
27 Wed Nov 2024	1522.60	1525.00	1532.45	1507.55	0.578 times
26 Tue Nov 2024	1521.45	1492.50	1533.00	1491.10	0.925 times
25 Mon Nov 2024	1490.40	1478.10	1524.00	1478.10	1.418 times
22 Fri Nov 2024	1478.20	1464.00	1487.50	1451.00	0.899 times
21 Thu Nov 2024	1466.40	1492.65	1494.20	1458.55	0.732 times
19 Tue Nov 2024	1492.65	1491.75	1517.70	1473.35	1.272 times
18 Mon Nov 2024	1485.75	1550.00	1597.05	1478.10	2.498 times

My analysis of stock is bearish for shortterm, and stock might move down till 1484.3 or till 1374.1. Use a stoploss of 1576.03 and if the stock hits stoploss, then it can shoot up till 1667.81

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	1406.40
Downside Target	1451.00
Downside Target	1519.95
Upside Target	1564.50
Upside Target	1597.05
Upside Target	1644.10
Upside Target	1684.45
Upside Target	1750.00
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	1523.5
Downside Intraday Target	1499.45
Upside Intraday Target	1568.05
Upside Intraday Target	1588.55
Downside Intraday Target	1544

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	1547.55	1528.10	1564.50	1519.95	0.279 times
29 Fri Nov 2024	1528.65	1478.10	1533.85	1478.10	0.703 times
22 Fri Nov 2024	1478.20	1550.00	1597.05	1451.00	1.035 times
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

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
02 Mon Dec 2024	1547.55	1528.10	1564.50	1519.95	0.048 times
29 Fri Nov 2024	1528.65	1694.55	1776.75	1451.00	0.839 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

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 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Glenmark Pharmaceuticals in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1499.33 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 negative.

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