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

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

Glenmark Pharmaceuticals trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 1267867

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	941.30	915.85	946.45	908.35	0.871 times
19 Tue Mar 2024	920.65	938.50	942.00	917.00	0.438 times
18 Mon Mar 2024	939.65	924.65	944.60	916.05	0.535 times
15 Fri Mar 2024	926.50	937.95	943.85	912.05	0.903 times
14 Thu Mar 2024	937.50	890.55	941.45	883.00	1.25 times
13 Wed Mar 2024	898.45	941.60	948.15	885.50	1.399 times
12 Tue Mar 2024	945.15	955.30	967.85	931.35	0.851 times
11 Mon Mar 2024	955.30	958.00	974.00	950.05	1.479 times
07 Thu Mar 2024	955.25	927.00	964.30	927.00	1.38 times
06 Wed Mar 2024	926.40	916.00	935.60	903.15	1.245 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 942.1 as stoploss in an intra day sell trade for a target of 926.89. However, stock will show a bullish move above 942.1.

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	722.10
Downside Target	771.00
Downside Target	799.80
Downside Target	847.55
Downside Target	883.00
Downside Target	922.70
Upside Target	942.00
Upside Target	946.45
Upside Target	964.30
Upside Target	974.00

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	917.62
Downside Intraday Target	893.93
Upside Intraday Target	955.72
Upside Intraday Target	970.13
Downside Intraday Target	932.03

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	941.30	924.65	946.45	908.35	0.313 times
15 Fri Mar 2024	926.50	958.00	974.00	883.00	1.47 times
07 Thu Mar 2024	955.25	925.05	964.30	903.15	0.766 times
02 Sat Mar 2024	928.25	907.00	942.00	898.45	0.797 times
23 Fri Feb 2024	900.10	875.00	921.60	853.00	0.488 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 Pharmaceuticals (GLENMARK)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	941.30	925.10	974.00	883.00	0.409 times
29 Thu Feb 2024	925.10	920.10	942.00	771.00	1.596 times
31 Wed Jan 2024	910.20	854.00	922.70	847.55	0.874 times
29 Fri Dec 2023	853.95	781.80	859.00	772.40	1.152 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 Glenmark Pharmaceuticals (GLENMARK)

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) 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 Pharmaceuticals ( (GLENMARK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) 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 Pharmaceuticals ( (GLENMARK) ) 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 Glenmark Pharmaceuticals stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Glenmark Pharmaceuticals 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

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

MRSI is in positive zone. This is a BUY zone

Stock of Glenmark 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 935.19 and Glenmark Pharmaceuticals (GLENMARK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Glenmark Pharmaceuticals (GLENMARK) stock. Volume based technical analysis of Glenmark Pharmaceuticals (GLENMARK) stock is negative.

Glenmark Pharmaceuticals Stock is giving positive 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.