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 2024-03-12 View latest technical analysis

10 day averaged volume of Glenmark Life is 204686

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	723.00	732.05	737.40	712.70	0.541 times
11 Mon Mar 2024	732.45	765.05	765.45	724.95	0.789 times
07 Thu Mar 2024	765.45	734.00	770.20	733.65	1.158 times
06 Wed Mar 2024	736.35	763.10	774.00	725.00	2.157 times
05 Tue Mar 2024	770.10	800.00	807.35	747.45	2.331 times
04 Mon Mar 2024	807.35	846.00	849.50	795.35	0.968 times
02 Sat Mar 2024	844.90	850.10	899.65	840.25	0.072 times
01 Fri Mar 2024	859.60	862.00	870.35	852.05	1.002 times
29 Thu Feb 2024	868.45	876.80	879.40	845.05	0.583 times
28 Wed Feb 2024	876.80	885.00	888.55	873.30	0.428 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 712.6, for a target of 781.5 or 838.79

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	616.10
Downside Target	642.00
Downside Target	712.70
Upside Target	765.45
Upside Target	810.00
Upside Target	831.45
Upside Target	861.50
Upside Target	878.30
Upside Target	891.80
Upside Target	899.65
Upside Target	900.00
Upside Target	906.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	701.98
Downside Intraday Target	680.97
Upside Intraday Target	754.73
Upside Intraday Target	786.47
Upside Intraday Target	733.72

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	723.00	765.05	765.45	712.70	0.201 times
07 Thu Mar 2024	765.45	846.00	849.50	725.00	2.082 times
02 Sat Mar 2024	844.90	874.80	906.00	840.25	1.309 times
23 Fri Feb 2024	874.80	884.95	900.00	861.50	0.792 times
16 Fri Feb 2024	878.50	865.00	891.80	831.45	0.39 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 Tue Mar 2024	723.00	862.00	899.65	712.70	0.529 times
29 Thu Feb 2024	868.45	875.00	906.00	810.00	0.607 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

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 to mid 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 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 Strong and stock is gaining momentum.

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

Glenmark Life Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing 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 780.15 and Glenmark Life (GLS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.