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.

10 day averaged volume of Glenmark Pharmaceuticals is 816702

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	1080.30	1071.00	1096.00	1070.95	1.348 times
24 Wed Apr 2024	1070.95	1036.00	1074.60	1033.30	0.805 times
23 Tue Apr 2024	1034.50	1039.35	1044.25	1017.50	1.498 times
22 Mon Apr 2024	1039.35	1030.00	1054.10	1026.45	0.319 times
19 Fri Apr 2024	1026.40	1032.00	1039.45	1020.15	0.934 times
18 Thu Apr 2024	1041.80	1060.00	1063.95	1034.20	1.396 times
16 Tue Apr 2024	1060.00	1044.00	1063.95	1040.10	0.521 times
15 Mon Apr 2024	1044.00	1031.00	1060.00	1031.00	0.718 times
12 Fri Apr 2024	1051.80	1043.35	1070.00	1031.00	1.201 times
10 Wed Apr 2024	1043.35	1047.00	1058.00	1031.55	1.444 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1058.6, but if it comes below 1058.6, then a intra day sell could be more profitable.
If you take a sell trade below 1058.6, then use 1058.6 as stoploss and 1022.17 as target. However if you take a buy trade in stock , then use 1058.6 as stoploss and 1102.2 as target.

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	1017.50
Downside Target	1019.00
Downside Target	1020.15
Downside Target	1063.95
Downside Target	1070.00
Upside Target	1096.00

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1033.2
Downside Intraday Target	986.1
Upside Intraday Target	1111.7
Upside Intraday Target	1143.1
Downside Intraday Target	1064.6

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	1080.30	1030.00	1096.00	1017.50	1.112 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
25 Thu Apr 2024	1080.30	959.05	1096.00	959.05	0.714 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 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 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 BUY signal for Glenmark Pharmaceuticals in short term and the buy signal is strong.

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. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

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 1049.12 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.