Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-01-10 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 543942

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	1541.70	1585.30	1596.55	1538.20	0.43 times
09 Thu Jan 2025	1593.30	1627.90	1635.45	1587.50	0.642 times
08 Wed Jan 2025	1627.90	1657.70	1657.70	1602.50	0.734 times
07 Tue Jan 2025	1642.05	1623.70	1658.00	1618.70	0.614 times
06 Mon Jan 2025	1623.75	1636.10	1645.85	1608.75	0.437 times
03 Fri Jan 2025	1636.10	1641.00	1645.85	1616.55	0.546 times
02 Thu Jan 2025	1639.35	1610.00	1642.10	1593.55	0.6 times
01 Wed Jan 2025	1614.50	1609.10	1618.90	1601.35	0.334 times
31 Tue Dec 2024	1609.10	1589.80	1621.60	1588.10	2.005 times
30 Mon Dec 2024	1589.80	1589.35	1601.55	1575.60	1.729 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1532.8 as stoploss in an intra day buy trade for a target of 1576.11. However, stock will show a bearish move below 1532.8.

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	1446.50
Downside Target	1498.20
Upside Target	1610.00
Upside Target	1621.60
Upside Target	1628.10
Upside Target	1645.85
Upside Target	1658.00
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	1500.6
Downside Intraday Target	1459.5
Upside Intraday Target	1620.4
Upside Intraday Target	1699.1
Upside Intraday Target	1579.3

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	1541.70	1636.10	1658.00	1538.20	0.548 times
03 Fri Jan 2025	1636.10	1589.35	1645.85	1575.60	1.11 times
27 Fri Dec 2024	1585.95	1553.90	1604.50	1510.85	1.016 times
20 Fri Dec 2024	1541.65	1515.10	1563.40	1498.20	0.386 times
13 Fri Dec 2024	1518.15	1528.00	1576.50	1446.50	2.709 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
10 Fri Jan 2025	1541.70	1609.10	1658.00	1538.20	0.147 times
31 Tue Dec 2024	1609.10	1528.10	1621.60	1446.50	1.268 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

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 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 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 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 getting stronger in this stock.

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 and selling is picking up 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 1609.42 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 has given negative 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.