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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 2024-06-21 View latest technical analysis

10 day averaged volume of Glenmark Life is 64184

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	829.75	847.00	847.00	825.80	0.671 times
20 Thu Jun 2024	839.65	854.95	854.95	835.00	0.405 times
19 Wed Jun 2024	845.60	857.10	864.60	838.55	0.809 times
18 Tue Jun 2024	857.10	865.00	865.00	847.10	0.666 times
14 Fri Jun 2024	853.35	862.00	871.00	850.00	0.766 times
13 Thu Jun 2024	858.10	873.00	877.00	855.00	0.746 times
12 Wed Jun 2024	864.00	877.00	877.00	850.00	0.945 times
11 Tue Jun 2024	866.85	876.50	880.15	860.00	0.934 times
10 Mon Jun 2024	876.50	868.00	882.00	867.65	0.982 times
07 Fri Jun 2024	867.70	864.80	877.95	856.00	1.618 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 829.6 as stoploss in an intra day buy trade for a target of 845.22. However, stock will show a bearish move below 829.6.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	676.50
Downside Target	743.85
Downside Target	806.00
Upside Target	845.00
Upside Target	858.50
Upside Target	865.00
Upside Target	866.00
Upside Target	877.95
Upside Target	882.00
Upside Target	899.65
Upside Target	906.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	815.37
Downside Intraday Target	800.98
Upside Intraday Target	854.57
Upside Intraday Target	879.38
Upside Intraday Target	840.18

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	829.75	865.00	865.00	825.80	0.583 times
14 Fri Jun 2024	853.35	868.00	882.00	850.00	0.536 times
07 Fri Jun 2024	867.70	840.00	877.95	755.95	1.664 times
31 Fri May 2024	836.25	840.20	845.00	812.60	0.773 times
24 Fri May 2024	840.20	824.00	858.50	806.00	1.844 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
21 Fri Jun 2024	829.75	840.00	882.00	755.95	0.608 times
31 Fri May 2024	836.25	837.00	858.50	806.00	0.587 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

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 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 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 but the sell signal is initial and weak.

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 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 BUY signal in short term but buying 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 858.85 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.