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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 2024-05-13 View latest technical analysis

10 day averaged volume of Glenmark Life is 154921

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	812.30	832.00	832.00	806.60	0.382 times
10 Fri May 2024	827.75	833.00	839.00	823.55	0.245 times
09 Thu May 2024	833.35	845.95	845.95	823.55	0.469 times
08 Wed May 2024	840.40	830.10	847.20	816.50	0.454 times
07 Tue May 2024	830.10	830.95	835.15	818.00	0.476 times
06 Mon May 2024	830.95	834.00	847.35	818.55	0.562 times
03 Fri May 2024	829.95	841.50	848.00	819.00	0.502 times
02 Thu May 2024	841.15	837.00	845.45	821.00	1.486 times
30 Tue Apr 2024	828.90	830.00	842.90	822.00	0.862 times
29 Mon Apr 2024	819.20	814.95	822.15	792.00	1.173 times

My analysis of stock is bearish for shortterm, and stock might move down till 796.7 or till 771.5. Use a stoploss of 817.72 and if the stock hits stoploss, then it can shoot up till 838.74

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	801.93
Downside Intraday Target	791.57
Upside Intraday Target	827.33
Upside Intraday Target	842.37
Upside Intraday Target	816.97

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	812.30	832.00	832.00	806.60	0.173 times
10 Fri May 2024	827.75	834.00	847.35	816.50	0.548 times
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

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
13 Mon May 2024	812.30	837.00	848.00	806.60	0.261 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 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 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 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 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 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 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 in or below 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 830.38 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 has given negative 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.