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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 2024-07-15 View latest technical analysis

10 day averaged volume of Glenmark Life is 277131

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	845.25	843.40	848.95	834.05	2.112 times
12 Fri Jul 2024	848.30	838.00	866.90	837.50	4.423 times
11 Thu Jul 2024	842.15	847.60	869.20	838.10	1.589 times
10 Wed Jul 2024	875.85	889.05	898.45	866.50	0.177 times
09 Tue Jul 2024	889.05	893.00	900.20	875.00	0.171 times
08 Mon Jul 2024	886.35	907.95	914.95	880.05	0.293 times
05 Fri Jul 2024	908.35	912.00	918.85	905.05	0.165 times
04 Thu Jul 2024	911.70	935.00	947.30	906.95	0.346 times
03 Wed Jul 2024	925.35	882.00	972.00	877.15	2.109 times
02 Tue Jul 2024	884.75	895.40	904.90	869.70	0.24 times

Stock of Glenmark Life (GLS) has showed a significant fall. This could be a good time to exit from this stock.

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 834.5 as stoploss in an intra day buy trade for a target of 863.96. However, stock will show a bearish move below 834.5.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	676.50
Downside Target	743.85
Downside Target	806.00
Downside Target	824.00
Upside Target	865.00
Upside Target	866.00
Upside Target	874.00
Upside Target	882.00
Upside Target	899.65
Upside Target	914.95
Upside Target	972.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	836.55
Downside Intraday Target	827.85
Upside Intraday Target	851.45
Upside Intraday Target	857.65
Downside Intraday Target	842.75

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	845.25	843.40	848.95	834.05	0.318 times
12 Fri Jul 2024	848.30	907.95	914.95	837.50	1.987 times
05 Fri Jul 2024	908.35	870.00	972.00	865.00	3.222 times
28 Fri Jun 2024	869.05	834.55	874.00	824.00	1.759 times
21 Fri Jun 2024	829.75	865.00	865.00	825.80	0.583 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
15 Mon Jul 2024	845.25	870.00	972.00	834.05	2.673 times
28 Fri Jun 2024	869.05	840.00	882.00	755.95	0.789 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 866.35 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.