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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 2024-02-22 View latest technical analysis

10 day averaged volume of Glenmark Life is 212835

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	877.55	874.95	881.50	861.50	0.947 times
21 Wed Feb 2024	876.85	879.50	885.05	870.00	0.221 times
20 Tue Feb 2024	879.60	883.00	900.00	870.05	0.53 times
19 Mon Feb 2024	882.25	884.95	896.90	873.95	0.393 times
16 Fri Feb 2024	878.50	869.00	883.95	869.00	0.386 times
15 Thu Feb 2024	875.70	870.00	891.80	868.00	1.206 times
14 Wed Feb 2024	867.50	857.60	872.00	850.00	0.273 times
13 Tue Feb 2024	866.25	864.90	870.00	831.45	0.611 times
12 Mon Feb 2024	860.25	865.00	865.00	846.55	0.471 times
09 Fri Feb 2024	871.00	872.95	883.40	841.00	3.304 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 882.5 as stoploss in an intra day sell trade for a target of 868.31. However, stock will show a bullish move above 882.5.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	611.20
Downside Target	642.00
Downside Target	747.55
Downside Target	810.00
Downside Target	845.00
Downside Target	861.50
Upside Target	878.30
Upside Target	882.00
Upside Target	891.80
Upside Target	897.70
Upside Target	900.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	859.37
Downside Intraday Target	841.18
Upside Intraday Target	897.87
Upside Intraday Target	918.18
Upside Intraday Target	879.68

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	877.55	884.95	900.00	861.50	0.71 times
16 Fri Feb 2024	878.50	865.00	891.80	831.45	0.39 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

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
22 Thu Feb 2024	877.55	875.00	900.00	810.00	0.524 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 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 Life (GLS)

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

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 moving up

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

Stock of Glenmark Life is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 872.93 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.