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 2024-02-01 View latest technical analysis

10 day averaged volume of Glenmark Life is 216448

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	856.70	875.00	882.00	810.00	0.963 times
31 Wed Jan 2024	872.55	845.00	878.30	842.00	1.245 times
30 Tue Jan 2024	840.05	845.00	855.00	835.00	0.997 times
29 Mon Jan 2024	840.10	836.20	848.65	827.25	1.473 times
25 Thu Jan 2024	836.20	798.75	845.00	793.05	1.44 times
24 Wed Jan 2024	799.55	790.00	805.00	747.55	1.063 times
23 Tue Jan 2024	790.20	797.55	798.00	772.65	0.775 times
22 Mon Jan 2024	798.50	786.00	807.75	782.25	0.812 times
19 Fri Jan 2024	782.85	760.00	788.00	755.00	1.108 times
18 Thu Jan 2024	756.60	751.65	760.00	740.00	0.681 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 825.9, but if it comes below 825.9, then a intra day sell could be more profitable.
If you take a sell trade below 825.9, then use 825.9 as stoploss and 775.81 as target. However if you take a buy trade in stock , then use 825.9 as stoploss and 885.9 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	611.20
Downside Target	642.00
Downside Target	692.00
Downside Target	735.75
Downside Target	750.00
Downside Target	788.00
Downside Target	810.00
Downside Target	845.00
Upside Target	878.30
Upside Target	882.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	817.13
Downside Intraday Target	777.57
Upside Intraday Target	889.13
Upside Intraday Target	921.57
Downside Intraday Target	849.57

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	856.70	836.20	882.00	810.00	1.144 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
01 Thu Feb 2024	856.70	875.00	882.00	810.00	0.036 times
31 Wed Jan 2024	872.55	659.00	878.30	652.10	2.707 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

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 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 losing 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 SELL signal for Glenmark Life in short term but SELL signal is weak.

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 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 822.56 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.