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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 2024-08-13 View latest technical analysis

10 day averaged volume of Glenmark Life is 378712

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	985.05	998.00	1037.05	970.65	1.294 times
12 Mon Aug 2024	998.60	914.00	1006.00	911.30	2.17 times
09 Fri Aug 2024	914.60	925.25	928.45	910.00	0.179 times
08 Thu Aug 2024	925.25	931.90	943.95	920.00	0.273 times
07 Wed Aug 2024	921.55	920.00	932.50	909.75	0.202 times
06 Tue Aug 2024	918.90	940.00	950.00	909.65	0.594 times
05 Mon Aug 2024	933.40	869.05	955.00	851.25	4.517 times
02 Fri Aug 2024	884.00	888.00	892.50	872.10	0.528 times
01 Thu Aug 2024	902.70	888.45	910.00	882.05	0.659 times
31 Wed Jul 2024	888.45	888.95	892.75	877.55	0.398 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 988.4, for a target of 936.7 or 893.5

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	743.85
Downside Target	806.00
Downside Target	866.00
Downside Target	882.00
Downside Target	905.00
Downside Target	910.00
Downside Target	911.30
Downside Target	955.00
Downside Target	972.00
Upside Target	1037.05

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	918.55
Downside Intraday Target	852.05
Upside Intraday Target	1044.3
Upside Intraday Target	1103.55
Downside Intraday Target	977.8

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	985.05	914.00	1037.05	911.30	0.601 times
09 Fri Aug 2024	914.60	869.05	955.00	851.25	2.219 times
02 Fri Aug 2024	884.00	850.70	910.00	842.55	0.645 times
26 Fri Jul 2024	850.70	841.50	905.00	819.05	0.911 times
19 Fri Jul 2024	847.35	843.40	856.45	834.05	0.908 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
13 Tue Aug 2024	985.05	888.45	1037.05	851.25	0.606 times
31 Wed Jul 2024	888.45	870.00	972.00	819.05	5.18 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

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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Glenmark Life in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Glenmark Life Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 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 945.19 and Glenmark Life (GLS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.