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(GLAXO) Glaxosmithkline Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Glaxosmithkline Pharmaceuticals | (GLAXO) share price targets

Complete technical analysis of Glaxosmithkline Pharmaceuticals (GLAXO) by charts plus indicators, forecast predictions and share price targets for Glaxosmithkline Pharmaceuticals (GLAXO)

Glaxosmithkline Pharmaceuticals trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-08-29 View latest technical analysis

10 day averaged volume of Glaxosmithkline Pharmaceuticals is 161981

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	2766.70	2815.00	2825.00	2759.00	0.61 times
28 Wed Aug 2024	2805.50	2893.70	2895.05	2790.00	0.811 times
27 Tue Aug 2024	2874.05	2922.85	2926.15	2868.00	0.592 times
26 Mon Aug 2024	2907.05	2959.00	3028.90	2897.05	0.793 times
23 Fri Aug 2024	2944.00	2918.00	2959.00	2896.00	0.89 times
22 Thu Aug 2024	2914.85	3048.40	3069.45	2910.45	1.365 times
21 Wed Aug 2024	3061.45	2899.25	3088.00	2888.95	2.326 times
20 Tue Aug 2024	2892.25	2934.00	2937.70	2857.80	1.07 times
19 Mon Aug 2024	2931.35	2969.95	2969.95	2906.00	0.49 times
16 Fri Aug 2024	2905.85	2830.00	2966.95	2829.05	0.862 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2789.9, but if it comes above 2789.9, then a intra day buy could be more profitable.
If you take a sell trade below 2789.9, then use 2789.9 as stoploss and 2703.1 as target. However if you take a buy trade in stock , then use 2789.9 as stoploss and 2862.13 as target.

Share price targets for Glaxosmithkline Pharmaceuticals (GLAXO)

Target Type	Value
Downside Target	1842.05
Downside Target	1965.00
Downside Target	2165.40
Downside Target	2235.00
Downside Target	2501.00
Downside Target	2650.00
Upside Target	2857.80
Upside Target	2860.00
Upside Target	2940.00
Upside Target	2966.95
Upside Target	3028.90
Upside Target	3088.00

Intraday share price targets for Glaxosmithkline Pharmaceuticals (GLAXO)

Target Type	Value
Downside Intraday Target	2674.17
Downside Intraday Target	2581.63
Upside Intraday Target	2944.07
Upside Intraday Target	3121.43
Upside Intraday Target	2851.53

Weekly technical analysis of Glaxosmithkline Pharmaceuticals (GLAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	2766.70	2959.00	3028.90	2759.00	0.457 times
23 Fri Aug 2024	2944.00	2969.95	3088.00	2857.80	2.139 times
16 Fri Aug 2024	2905.85	2889.00	2966.95	2812.95	0.611 times
09 Fri Aug 2024	2875.05	2760.00	2940.00	2728.00	1.046 times
02 Fri Aug 2024	2820.25	2734.90	2860.00	2688.00	0.413 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 Glaxosmithkline Pharmaceuticals (GLAXO)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	2766.70	2740.00	3088.00	2702.10	0.863 times
31 Wed Jul 2024	2730.60	2651.00	2825.00	2501.00	1.134 times
28 Fri Jun 2024	2651.00	2625.00	2760.00	2235.00	0.594 times
31 Fri May 2024	2619.30	2110.25	2650.00	1965.00	1.958 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 Glaxosmithkline Pharmaceuticals (GLAXO)

Price action analysis of Glaxosmithkline Pharmaceuticals ( (GLAXO) ) 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 Glaxosmithkline Pharmaceuticals ( (GLAXO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Glaxosmithkline Pharmaceuticals ( (GLAXO) ) based on a short to mid 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 Glaxosmithkline Pharmaceuticals ( (GLAXO) ) 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 Glaxosmithkline Pharmaceuticals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Glaxosmithkline Pharmaceuticals 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Glaxosmithkline Pharmaceuticals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Glaxosmithkline Pharmaceuticals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2928.48 and Glaxosmithkline Pharmaceuticals (GLAXO) 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 Glaxosmithkline Pharmaceuticals (GLAXO) stock. Volume based technical analysis of Glaxosmithkline Pharmaceuticals (GLAXO) stock is negative.

Glaxosmithkline Pharmaceuticals Stock has given negative 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.