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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 2024-06-26 View latest technical analysis

10 day averaged volume of Glenmark Life is 43775

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	842.55	843.95	870.00	832.45	1.708 times
25 Tue Jun 2024	825.85	833.55	836.90	824.00	0.56 times
24 Mon Jun 2024	833.55	834.55	845.00	825.05	0.727 times
21 Fri Jun 2024	829.75	847.00	847.00	825.80	0.984 times
20 Thu Jun 2024	839.65	854.95	854.95	835.00	0.594 times
19 Wed Jun 2024	845.60	857.10	864.60	838.55	1.186 times
18 Tue Jun 2024	857.10	865.00	865.00	847.10	0.977 times
14 Fri Jun 2024	853.35	862.00	871.00	850.00	1.124 times
13 Thu Jun 2024	858.10	873.00	877.00	855.00	1.093 times
12 Wed Jun 2024	864.00	877.00	877.00	850.00	1.385 times

My analysis of stock is bearish for shortterm, and stock might move down till 829.8 or till 811.2. Use a stoploss of 845.4 and if the stock hits stoploss, then it can shoot up till 860.96

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	865.00
Upside Target	866.00
Upside Target	870.00
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	821.03
Downside Intraday Target	799.52
Upside Intraday Target	867.03
Upside Intraday Target	891.52
Upside Intraday Target	845.52

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	842.55	834.55	870.00	824.00	0.801 times
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

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
26 Wed Jun 2024	842.55	840.00	882.00	755.95	0.69 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 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Glenmark Life in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 847.04 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.