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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 2024-05-03 View latest technical analysis

10 day averaged volume of Glenmark Life is 209879

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	829.95	841.50	848.00	819.00	0.371 times
02 Thu May 2024	841.15	837.00	845.45	821.00	1.097 times
30 Tue Apr 2024	828.90	830.00	842.90	822.00	0.636 times
29 Mon Apr 2024	819.20	814.95	822.15	792.00	0.866 times
26 Fri Apr 2024	814.95	759.95	825.00	755.40	2.784 times
25 Thu Apr 2024	750.50	826.50	831.60	743.85	2.811 times
24 Wed Apr 2024	826.50	835.95	838.60	822.15	0.119 times
23 Tue Apr 2024	826.25	849.00	866.00	815.00	0.42 times
22 Mon Apr 2024	839.55	815.90	841.80	802.70	0.521 times
19 Fri Apr 2024	802.65	790.00	811.60	777.95	0.366 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 832 as stoploss in an intra day sell trade for a target of 812.51. However, stock will show a bullish move above 832.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	652.10
Downside Target	676.50
Downside Target	743.85
Downside Target	767.05
Downside Target	792.00
Upside Target	848.00
Upside Target	866.00
Upside Target	878.30
Upside Target	899.65
Upside Target	906.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	798.63
Downside Intraday Target	767.32
Upside Intraday Target	854.63
Upside Intraday Target	879.32
Downside Intraday Target	823.32

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	829.95	814.95	848.00	792.00	0.446 times
26 Fri Apr 2024	814.95	815.90	866.00	743.85	4.441 times
19 Fri Apr 2024	802.65	798.00	815.00	767.05	1.496 times
12 Fri Apr 2024	808.90	817.30	825.45	801.00	0.441 times
05 Fri Apr 2024	817.30	790.95	832.00	771.05	1.551 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
03 Fri May 2024	829.95	837.00	848.00	819.00	0.114 times
30 Tue Apr 2024	828.90	790.95	866.00	743.85	0.846 times
28 Thu Mar 2024	776.65	862.00	899.65	676.50	0.92 times
29 Thu Feb 2024	868.45	875.00	906.00	810.00	0.607 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

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 stronger in this stock.

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 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 802.95 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.