Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Glenmark Life is 69872

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	750.50	826.50	831.60	743.85	8.443 times
24 Wed Apr 2024	826.50	835.95	838.60	822.15	0.357 times
23 Tue Apr 2024	826.25	849.00	866.00	815.00	1.262 times
22 Mon Apr 2024	839.55	815.90	841.80	802.70	1.566 times
19 Fri Apr 2024	802.65	790.00	811.60	777.95	1.099 times
18 Thu Apr 2024	800.00	800.05	815.00	786.60	1.143 times
16 Tue Apr 2024	800.00	791.00	809.00	767.05	1.239 times
15 Mon Apr 2024	791.10	798.00	813.60	771.05	1.021 times
12 Fri Apr 2024	808.90	825.00	825.00	802.00	0.647 times
10 Wed Apr 2024	817.15	817.00	825.45	805.20	0.954 times

Stock of Glenmark Life (GLS) has showed a significant fall. This could be a good time to exit from this stock.

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 750.6, for a target of 777.5 or 799.94

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	626.95
Downside Target	652.10
Downside Target	741.85
Upside Target	767.05
Upside Target	801.00
Upside Target	825.45
Upside Target	832.00
Upside Target	866.00
Upside Target	878.30
Upside Target	899.65
Upside Target	906.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	707.57
Downside Intraday Target	664.63
Upside Intraday Target	829.72
Upside Intraday Target	908.93
Upside Intraday Target	786.78

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	750.50	815.90	866.00	743.85	2.583 times
19 Fri Apr 2024	802.65	798.00	815.00	767.05	1.496 times
12 Fri Apr 2024	808.90	817.30	825.45	801.00	0.441 times
05 Fri Apr 2024	817.30	790.95	832.00	771.05	1.551 times
28 Thu Mar 2024	776.65	754.00	785.10	741.85	0.693 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Glenmark Life (GLS)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	750.50	790.95	866.00	743.85	0.565 times
28 Thu Mar 2024	776.65	862.00	899.65	676.50	0.92 times
29 Thu Feb 2024	868.45	875.00	906.00	810.00	0.607 times
31 Wed Jan 2024	872.55	659.00	878.30	652.10	2.707 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 to mid 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 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 losing momentum.

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

Glenmark Life Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 783.22 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.