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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 2024-07-19 View latest technical analysis

10 day averaged volume of Glenmark Life is 336758

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	847.35	851.35	851.95	836.00	0.864 times
18 Thu Jul 2024	851.35	855.00	855.00	838.00	1.018 times
16 Tue Jul 2024	855.10	847.95	856.45	841.00	1.349 times
15 Mon Jul 2024	845.25	843.40	848.95	834.05	1.738 times
12 Fri Jul 2024	848.30	838.00	866.90	837.50	3.639 times
11 Thu Jul 2024	842.15	847.60	869.20	838.10	1.307 times
10 Wed Jul 2024	875.85	889.05	898.45	866.50	0.145 times
09 Tue Jul 2024	889.05	893.00	900.20	875.00	0.141 times
08 Mon Jul 2024	886.35	907.95	914.95	880.05	0.241 times
05 Fri Jul 2024	908.35	912.00	918.85	905.05	0.136 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 835.4 as stoploss in an intra day buy trade for a target of 864.54. However, stock will show a bearish move below 835.4.

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	856.45
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	835.45
Downside Intraday Target	823.55
Upside Intraday Target	857.85
Upside Intraday Target	868.35
Downside Intraday Target	845.95

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	847.35	843.40	856.45	834.05	0.908 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
19 Fri Jul 2024	847.35	870.00	972.00	834.05	3.54 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 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 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 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 weakening, and bulls 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 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 850.68 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.