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(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 2024-02-09 View latest technical analysis

10 day averaged volume of Glenmark Life is 234601

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	871.00	872.95	883.40	841.00	2.998 times
08 Thu Feb 2024	872.05	879.95	880.15	820.50	2.364 times
07 Wed Feb 2024	884.30	878.20	892.35	878.20	0.277 times
06 Tue Feb 2024	884.45	873.00	897.70	867.55	0.426 times
05 Mon Feb 2024	873.00	875.00	888.95	864.75	0.788 times
02 Fri Feb 2024	871.30	856.70	876.90	852.05	0.501 times
01 Thu Feb 2024	856.70	875.00	882.00	810.00	0.888 times
31 Wed Jan 2024	872.55	845.00	878.30	842.00	1.148 times
30 Tue Jan 2024	840.05	845.00	855.00	835.00	0.92 times
29 Mon Jan 2024	840.10	836.20	848.65	827.25	1.359 times

Stock of Glenmark Life (GLS) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 872.1 as stoploss in an intra day sell trade for a target of 821.24. However, stock will show a bullish move above 872.1.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	611.20
Downside Target	642.00
Downside Target	692.00
Downside Target	738.30
Downside Target	788.00
Downside Target	810.00
Downside Target	820.50
Downside Target	845.00
Upside Target	878.30
Upside Target	882.00
Upside Target	897.70

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	828.43
Downside Intraday Target	785.87
Upside Intraday Target	905.63
Upside Intraday Target	940.27
Downside Intraday Target	863.07

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	871.00	875.00	897.70	820.50	1.423 times
02 Fri Feb 2024	871.30	836.20	882.00	810.00	1.276 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

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 Life (GLS)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	871.00	875.00	897.70	810.00	0.337 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 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 Life ( (GLS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Glenmark Life in short term and the buy signal is strong.

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 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 865.19 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.