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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 2024-09-18 View latest technical analysis

10 day averaged volume of Glenmark Life is 619306

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	1271.65	1300.15	1304.10	1252.20	0.193 times
17 Tue Sep 2024	1310.55	1310.90	1326.45	1275.00	0.347 times
16 Mon Sep 2024	1310.90	1280.00	1335.10	1252.35	0.488 times
13 Fri Sep 2024	1292.85	1320.50	1323.00	1275.00	0.455 times
12 Thu Sep 2024	1305.95	1281.85	1313.85	1252.05	0.541 times
11 Wed Sep 2024	1289.30	1276.00	1325.00	1231.00	1.262 times
10 Tue Sep 2024	1284.10	1209.30	1299.00	1209.30	2.058 times
09 Mon Sep 2024	1204.95	1150.00	1220.00	1141.05	2.09 times
06 Fri Sep 2024	1150.50	1093.00	1175.00	1093.00	2.27 times
05 Thu Sep 2024	1093.00	1079.60	1102.70	1076.45	0.238 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1263.9, but if it comes below 1263.9, then a intra day sell could be more profitable.
If you take a sell trade below 1263.9, then use 1263.9 as stoploss and 1146.85 as target. However if you take a buy trade in stock , then use 1263.9 as stoploss and 1404.4 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	755.95
Downside Target	806.00
Downside Target	851.25
Downside Target	882.00
Downside Target	972.00
Downside Target	1031.90
Downside Target	1063.70
Downside Target	1095.00
Downside Target	1141.05
Downside Target	1175.00
Downside Target	1252.20
Upside Target	1325.00
Upside Target	1335.10

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	1237.53
Downside Intraday Target	1203.42
Upside Intraday Target	1320.43
Upside Intraday Target	1369.22
Upside Intraday Target	1286.32

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	1271.65	1280.00	1335.10	1252.20	0.16 times
13 Fri Sep 2024	1292.85	1150.00	1325.00	1141.05	2.004 times
06 Fri Sep 2024	1150.50	1047.40	1175.00	1031.90	1.214 times
30 Fri Aug 2024	1052.65	1050.00	1095.00	993.55	2.022 times
23 Fri Aug 2024	1047.95	980.00	1063.70	980.00	0.524 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
18 Wed Sep 2024	1271.65	1047.40	1335.10	1031.90	0.996 times
30 Fri Aug 2024	1052.65	888.45	1095.00	851.25	1.016 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

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 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 short term time period is neutral. A longer time frame might give a better analysis.

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 losing momentum.

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

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 SELL signal for Glenmark Life in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 1236.63 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.