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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 2024-05-23 View latest technical analysis

10 day averaged volume of Glenmark Life is 52793

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	822.95	842.00	858.50	818.10	1.672 times
22 Wed May 2024	832.25	820.15	842.00	808.00	1.765 times
21 Tue May 2024	820.15	824.00	833.00	806.00	1.959 times
18 Sat May 2024	822.55	834.00	840.00	817.10	0.16 times
17 Fri May 2024	834.00	827.95	839.65	825.05	0.531 times
16 Thu May 2024	827.95	825.40	835.00	822.00	0.622 times
15 Wed May 2024	821.25	815.95	830.00	813.45	0.733 times
14 Tue May 2024	813.45	816.95	840.40	807.05	1.013 times
13 Mon May 2024	812.30	832.00	832.00	806.60	1.12 times
10 Fri May 2024	827.75	833.00	839.00	823.55	0.719 times

My analysis of stock is bullish for shortterm, and stock might move up till 841.1 or till 863.1. Use a stoploss of 822.7 and if this stock hits its stoploss, then it can fall down till 804.34

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	652.10
Downside Target	676.50
Downside Target	743.85
Downside Target	792.00
Upside Target	840.40
Upside Target	858.50
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	799.8
Downside Intraday Target	776.65
Upside Intraday Target	852.3
Upside Intraday Target	881.65
Upside Intraday Target	829.15

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	822.95	824.00	858.50	806.00	1.291 times
18 Sat May 2024	822.55	832.00	840.40	806.60	0.646 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

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
23 Thu May 2024	822.95	837.00	858.50	806.00	0.426 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Glenmark Life ( (GLS) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Glenmark Life stock for short term is BUY. 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. Bears 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 buy signal for Glenmark Life in short term and BUY 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 823 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 positive

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