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

(GLS) Glenmark Life complete technical analysis [charts+indicators] | Buy/Sell Glenmark Life | (GLS) share price targets

Complete technical analysis of Glenmark Life (GLS) by charts plus indicators, forecast predictions and share price targets for Glenmark Life (GLS)

Showing technical analysis as on 2024-01-30 View latest technical analysis

10 day averaged volume of Glenmark Life is 195417

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	840.05	845.00	855.00	835.00	1.105 times
29 Mon Jan 2024	840.10	836.20	848.65	827.25	1.631 times
25 Thu Jan 2024	836.20	798.75	845.00	793.05	1.595 times
24 Wed Jan 2024	799.55	790.00	805.00	747.55	1.177 times
23 Tue Jan 2024	790.20	797.55	798.00	772.65	0.858 times
22 Mon Jan 2024	798.50	786.00	807.75	782.25	0.9 times
19 Fri Jan 2024	782.85	760.00	788.00	755.00	1.228 times
18 Thu Jan 2024	756.60	751.65	760.00	740.00	0.754 times
17 Wed Jan 2024	751.65	754.00	758.80	745.15	0.45 times
16 Tue Jan 2024	756.20	748.00	761.95	745.10	0.706 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 855, for a target of 804 or 761.55

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	611.00
Downside Target	642.00
Downside Target	692.00
Downside Target	735.75
Downside Target	738.30
Downside Target	747.55
Downside Target	750.00
Downside Target	788.00
Downside Target	827.25
Upside Target	845.00
Upside Target	855.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	826.53
Downside Intraday Target	813.02
Upside Intraday Target	854.28
Upside Intraday Target	868.52
Upside Intraday Target	840.77

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	840.05	836.20	855.00	827.25	0.604 times
25 Thu Jan 2024	836.20	786.00	845.00	747.55	1.18 times
19 Fri Jan 2024	782.85	745.00	788.00	738.30	0.922 times
12 Fri Jan 2024	739.55	717.70	750.00	692.00	0.327 times
05 Fri Jan 2024	697.65	659.00	735.75	652.10	5.676 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 Life (GLS)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	840.05	659.00	855.00	652.10	2.58 times
29 Fri Dec 2023	657.05	633.75	664.65	626.95	0.914 times
30 Thu Nov 2023	630.10	624.90	642.00	616.10	0.334 times
31 Tue Oct 2023	624.95	617.50	674.90	611.20	1.274 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Glenmark Life (GLS)

Price action analysis of Glenmark Life ( (GLS) ) 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 Life ( (GLS) ) 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 Life ( (GLS) ) 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 Life stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Glenmark Life 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 Life Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 Life is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 804.87 and Glenmark Life (GLS) 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 Life (GLS) stock. Volume based technical analysis of Glenmark Life (GLS) stock is negative.

Glenmark Life 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.