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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 2024-12-17 View latest technical analysis

10 day averaged volume of Glenmark Life is 151841

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	1011.85	1029.00	1033.45	1004.40	0.358 times
16 Mon Dec 2024	1028.40	1027.90	1041.00	1013.10	0.345 times
13 Fri Dec 2024	1018.15	1034.60	1039.45	1004.40	0.571 times
12 Thu Dec 2024	1036.35	1049.85	1059.95	1015.80	0.528 times
11 Wed Dec 2024	1049.85	1040.00	1055.00	1024.00	4.549 times
10 Tue Dec 2024	1039.90	1030.00	1046.00	1012.00	0.868 times
09 Mon Dec 2024	1029.75	1059.80	1077.75	1022.35	0.651 times
06 Fri Dec 2024	1056.55	1081.00	1085.40	1048.05	0.729 times
05 Thu Dec 2024	1075.15	1105.05	1112.00	1071.00	0.437 times
04 Wed Dec 2024	1095.40	1095.05	1130.00	1090.00	0.761 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 1004.5, for a target of 1035.2 or 1060.76

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	851.25
Downside Target	935.00
Downside Target	1004.40
Upside Target	1077.75
Upside Target	1095.00
Upside Target	1103.80
Upside Target	1110.00
Upside Target	1130.00
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	997.17
Downside Intraday Target	982.48
Upside Intraday Target	1033.77
Upside Intraday Target	1055.68
Upside Intraday Target	1019.08

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	1011.85	1027.90	1041.00	1004.40	0.098 times
13 Fri Dec 2024	1018.15	1059.80	1077.75	1004.40	2.484 times
06 Fri Dec 2024	1056.55	1080.10	1130.00	1048.05	0.84 times
29 Fri Nov 2024	1084.10	1040.05	1110.00	1034.00	1.725 times
22 Fri Nov 2024	1045.65	1082.60	1103.80	1032.20	0.974 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
17 Tue Dec 2024	1011.85	1080.10	1130.00	1004.40	0.98 times
29 Fri Nov 2024	1084.10	1055.55	1164.00	1012.05	0.381 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

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 1048.08 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.