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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 2024-02-12 View latest technical analysis

10 day averaged volume of Glenmark Life is 273755

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	860.25	865.00	865.00	846.55	0.366 times
09 Fri Feb 2024	871.00	872.95	883.40	841.00	2.569 times
08 Thu Feb 2024	872.05	879.95	880.15	820.50	2.026 times
07 Wed Feb 2024	884.30	878.20	892.35	878.20	0.237 times
06 Tue Feb 2024	884.45	873.00	897.70	867.55	0.365 times
05 Mon Feb 2024	873.00	875.00	888.95	864.75	0.675 times
02 Fri Feb 2024	871.30	856.70	876.90	852.05	0.43 times
01 Thu Feb 2024	856.70	875.00	882.00	810.00	0.761 times
31 Wed Jan 2024	872.55	845.00	878.30	842.00	0.984 times
30 Tue Jan 2024	840.05	845.00	855.00	835.00	0.788 times

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 875.2 as stoploss in an intra day sell trade for a target of 827.28. However, stock will show a bullish move above 875.2.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	611.20
Downside Target	642.00
Downside Target	738.30
Downside Target	788.00
Downside Target	810.00
Downside Target	845.00
Downside Target	846.55
Upside Target	865.00
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	849.53
Downside Intraday Target	838.82
Upside Intraday Target	867.98
Upside Intraday Target	875.72
Downside Intraday Target	857.27

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	860.25	865.00	865.00	846.55	0.062 times
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

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
12 Mon Feb 2024	860.25	875.00	897.70	810.00	0.354 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 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 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 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 gaining momentum.

MACD generated a SELL signal for Glenmark Life in short term but the sell signal is initial and weak.

Glenmark Life 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 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 and SELL 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 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 868.17 and Glenmark Life (GLS) 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 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.