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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 2024-11-22 View latest technical analysis

10 day averaged volume of Glenmark Life is 87083

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	1045.65	1080.05	1099.40	1032.20	0.945 times
21 Thu Nov 2024	1080.05	1082.00	1095.85	1070.20	0.518 times
19 Tue Nov 2024	1082.90	1083.00	1103.80	1070.20	0.783 times
18 Mon Nov 2024	1081.55	1082.60	1100.00	1051.55	1.224 times
14 Thu Nov 2024	1082.60	1040.00	1102.00	1040.00	0.829 times
13 Wed Nov 2024	1059.75	1100.00	1105.75	1052.50	0.854 times
12 Tue Nov 2024	1099.25	1076.25	1121.00	1075.00	1.017 times
11 Mon Nov 2024	1091.00	1075.80	1103.80	1061.45	0.864 times
08 Fri Nov 2024	1096.10	1116.75	1119.95	1090.00	0.596 times
07 Thu Nov 2024	1116.75	1098.05	1164.00	1098.05	2.544 times

My analysis of stock is bearish for shortterm, and stock might move down till 1016.9 or till 966.4. Use a stoploss of 1059.02 and if the stock hits stoploss, then it can shoot up till 1101.11

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	819.05
Downside Target	851.25
Downside Target	935.00
Downside Target	972.00
Downside Target	1012.05
Upside Target	1084.00
Upside Target	1103.80
Upside Target	1121.00
Upside Target	1144.95
Upside Target	1164.00
Upside Target	1223.05
Upside Target	1335.10

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	1017.3
Downside Intraday Target	988.95
Upside Intraday Target	1088.9
Upside Intraday Target	1132.15
Upside Intraday Target	1060.55

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	1045.65	1082.60	1103.80	1032.20	0.974 times
14 Thu Nov 2024	1082.60	1075.80	1121.00	1040.00	0.602 times
08 Fri Nov 2024	1096.10	1055.00	1164.00	1044.65	0.699 times
01 Fri Nov 2024	1051.00	948.05	1084.00	935.00	0.719 times
25 Fri Oct 2024	938.40	1139.85	1144.95	936.90	1.658 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
22 Fri Nov 2024	1045.65	1055.55	1164.00	1012.05	0.262 times
31 Thu Oct 2024	1057.20	1065.00	1223.05	935.00	0.49 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

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 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 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 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 neutral. A longer time frame might give a better analysis.

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 coming down

CCI has generated a SELL signal for Glenmark Life in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1088.72 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.