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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 2024-10-28 View latest technical analysis

10 day averaged volume of Glenmark Life is 164449

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	979.05	948.05	991.45	935.00	1.835 times
25 Fri Oct 2024	938.40	1015.00	1025.00	936.90	3.444 times
24 Thu Oct 2024	1041.00	1076.20	1091.95	1030.00	0.469 times
23 Wed Oct 2024	1076.20	1045.25	1092.25	1015.55	0.774 times
22 Tue Oct 2024	1045.25	1111.00	1128.75	1041.50	1.211 times
21 Mon Oct 2024	1112.90	1139.85	1144.95	1105.05	0.34 times
18 Fri Oct 2024	1130.00	1112.05	1143.70	1080.00	0.65 times
17 Thu Oct 2024	1125.60	1173.00	1187.90	1120.00	0.759 times
16 Wed Oct 2024	1173.20	1202.65	1216.35	1160.15	0.536 times
15 Tue Oct 2024	1202.70	1160.05	1219.90	1160.05	1.321 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 958.4, for a target of 1045.1 or 1117.43

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	755.95
Downside Target	819.05
Downside Target	851.25
Downside Target	882.00
Downside Target	935.00
Downside Target	972.00
Upside Target	991.45
Upside Target	1012.20
Upside Target	1080.00
Upside Target	1144.95
Upside Target	1185.00
Upside Target	1219.90
Upside Target	1223.05
Upside Target	1335.10

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	945.55
Downside Intraday Target	912.05
Upside Intraday Target	1002
Upside Intraday Target	1024.95
Downside Intraday Target	968.5

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	979.05	948.05	991.45	935.00	0.294 times
25 Fri Oct 2024	938.40	1139.85	1144.95	936.90	1.658 times
18 Fri Oct 2024	1130.00	1178.05	1219.90	1080.00	0.781 times
11 Fri Oct 2024	1178.05	1150.05	1223.05	1110.00	0.515 times
04 Fri Oct 2024	1151.65	1044.00	1185.00	1023.55	1.033 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
28 Mon Oct 2024	979.05	1065.00	1223.05	935.00	0.443 times
30 Mon Sep 2024	1057.45	1047.40	1335.10	1012.20	1.35 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

Scroll below to view daily charts

Price has moved down 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 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 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 mid to longer 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

ADX buy sell signal for Glenmark Life stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Glenmark Life in short term and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Glenmark Life in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 1040.68 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.