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 2024-04-08 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 694599

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	1039.10	1017.40	1057.75	1017.40	1.253 times
05 Fri Apr 2024	1017.40	1010.00	1019.00	999.30	0.637 times
04 Thu Apr 2024	1006.00	999.45	1010.00	990.10	1.24 times
03 Wed Apr 2024	993.85	984.05	996.00	978.95	0.975 times
02 Tue Apr 2024	987.00	984.75	993.50	975.00	1.158 times
01 Mon Apr 2024	982.45	959.05	985.00	959.05	0.992 times
28 Thu Mar 2024	958.45	960.00	968.60	954.25	0.746 times
27 Wed Mar 2024	962.45	960.00	969.40	947.30	1.084 times
26 Tue Mar 2024	957.20	950.00	961.35	936.00	0.987 times
22 Fri Mar 2024	951.00	943.70	954.40	940.70	1.141 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 1034.5, for a target of 994.5 or 961.07

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	771.00
Downside Target	847.55
Downside Target	883.00
Downside Target	908.35
Downside Target	959.05
Downside Target	969.40
Downside Target	974.00
Downside Target	1017.40
Downside Target	1019.00
Upside Target	1057.75

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1018.42
Downside Intraday Target	997.73
Upside Intraday Target	1058.77
Upside Intraday Target	1078.43
Downside Intraday Target	1038.08

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	1039.10	1017.40	1057.75	1017.40	0.25 times
05 Fri Apr 2024	1017.40	959.05	1019.00	959.05	1.776 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

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
08 Mon Apr 2024	1039.10	959.05	1057.75	959.05	0.228 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 but selling is losing 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 986.21 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.