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

(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 2024-04-04 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 730119

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1006.00	999.45	1010.00	990.10	1.18 times
03 Wed Apr 2024	993.85	984.05	996.00	978.95	0.928 times
02 Tue Apr 2024	987.00	984.75	993.50	975.00	1.102 times
01 Mon Apr 2024	982.45	959.05	985.00	959.05	0.944 times
28 Thu Mar 2024	958.45	960.00	968.60	954.25	0.709 times
27 Wed Mar 2024	962.45	960.00	969.40	947.30	1.031 times
26 Tue Mar 2024	957.20	950.00	961.35	936.00	0.939 times
22 Fri Mar 2024	951.00	943.70	954.40	940.70	1.086 times
21 Thu Mar 2024	946.70	941.80	954.50	938.50	0.989 times
20 Wed Mar 2024	941.30	915.85	946.45	908.35	1.512 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1008.4, for a target of 976.8 or 950.42

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	771.00
Downside Target	847.55
Downside Target	883.00
Downside Target	903.15
Downside Target	959.05
Downside Target	964.30
Downside Target	969.40
Downside Target	974.00
Upside Target	1010.00

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	973.37
Downside Intraday Target	940.73
Upside Intraday Target	1024.32
Upside Intraday Target	1042.63
Downside Intraday Target	991.68

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1006.00	959.05	1010.00	959.05	1.55 times
28 Thu Mar 2024	958.45	950.00	969.40	936.00	0.508 times
22 Fri Mar 2024	951.00	924.65	954.50	908.35	0.517 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

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

Monthly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1006.00	959.05	1010.00	959.05	0.159 times
28 Thu Mar 2024	958.45	925.10	974.00	883.00	0.5 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

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Glenmark Pharmaceuticals in short term and the buy signal is strong.

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

Glenmark Pharmaceuticals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Glenmark Pharmaceuticals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 968.08 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.