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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 2024-08-07 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 667469

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	1460.15	1437.00	1483.10	1432.40	0.892 times
06 Tue Aug 2024	1425.60	1428.70	1464.85	1420.35	1.106 times
05 Mon Aug 2024	1417.80	1415.00	1452.80	1406.40	0.988 times
02 Fri Aug 2024	1443.05	1436.00	1452.35	1415.05	0.738 times
01 Thu Aug 2024	1437.70	1472.80	1479.40	1425.00	1.411 times
31 Wed Jul 2024	1468.75	1434.50	1474.00	1434.50	1.114 times
30 Tue Jul 2024	1432.70	1434.35	1451.35	1428.25	0.598 times
29 Mon Jul 2024	1440.35	1439.25	1451.95	1420.00	0.971 times
26 Fri Jul 2024	1438.40	1423.00	1454.20	1420.10	1.054 times
25 Thu Jul 2024	1424.60	1419.85	1451.00	1402.05	1.157 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1445.9, but if it comes below 1445.9, then a intra day sell could be more profitable.
If you take a sell trade below 1445.9, then use 1445.9 as stoploss and 1423.02 as target. However if you take a buy trade in stock , then use 1445.9 as stoploss and 1473.3 as target.

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	959.05
Downside Target	985.20
Downside Target	1037.15
Downside Target	1098.00
Downside Target	1183.90
Downside Target	1232.10
Downside Target	1264.00
Downside Target	1330.10
Downside Target	1382.50
Downside Target	1454.20
Upside Target	1474.00
Upside Target	1479.40
Upside Target	1483.10

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1416.67
Downside Intraday Target	1373.18
Upside Intraday Target	1493.37
Upside Intraday Target	1526.58
Downside Intraday Target	1449.88

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	1460.15	1415.00	1483.10	1406.40	0.618 times
02 Fri Aug 2024	1443.05	1439.25	1479.40	1415.05	0.857 times
26 Fri Jul 2024	1438.40	1406.90	1454.20	1330.10	1.065 times
19 Fri Jul 2024	1412.95	1382.80	1427.00	1382.50	0.544 times
12 Fri Jul 2024	1381.50	1338.10	1397.00	1330.85	1.353 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
07 Wed Aug 2024	1460.15	1472.80	1483.10	1406.40	0.168 times
31 Wed Jul 2024	1468.75	1233.00	1474.00	1232.10	1.454 times
28 Fri Jun 2024	1230.50	1174.95	1264.00	1037.15	0.601 times
31 Fri May 2024	1160.35	1060.35	1183.90	985.20	1.508 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 Pharmaceuticals (GLENMARK)

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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. Bears 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 and BUY signal is strong.

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 1438.77 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.