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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 2024-09-17 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 962621

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	1713.00	1745.00	1746.75	1708.00	0.826 times
16 Mon Sep 2024	1741.45	1769.60	1769.60	1734.45	0.638 times
13 Fri Sep 2024	1753.70	1745.05	1756.50	1729.65	0.723 times
12 Thu Sep 2024	1747.95	1729.95	1754.35	1729.95	1.114 times
11 Wed Sep 2024	1725.65	1727.85	1744.00	1715.15	0.819 times
10 Tue Sep 2024	1727.85	1713.00	1746.85	1713.00	1.092 times
09 Mon Sep 2024	1704.20	1702.70	1724.00	1688.30	1.067 times
06 Fri Sep 2024	1702.70	1709.70	1725.00	1695.00	1.041 times
05 Thu Sep 2024	1709.45	1686.00	1715.80	1680.00	1.033 times
04 Wed Sep 2024	1686.55	1682.00	1704.45	1666.50	1.44 times

My analysis of stock is bullish for shortterm, and stock might move up till 1730.6 or till 1757.6. Use a stoploss of 1708.22 and if this stock hits its stoploss, then it can fall down till 1685.79

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	985.20
Downside Target	1037.15
Downside Target	1183.90
Downside Target	1232.10
Downside Target	1264.00
Downside Target	1406.40
Downside Target	1474.00
Downside Target	1565.80
Downside Target	1666.50
Upside Target	1750.00
Upside Target	1750.50
Upside Target	1756.50
Upside Target	1769.60

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1690.8
Downside Intraday Target	1668.6
Upside Intraday Target	1752.4
Upside Intraday Target	1791.8
Upside Intraday Target	1730.2

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	1713.00	1769.60	1769.60	1708.00	0.304 times
13 Fri Sep 2024	1753.70	1702.70	1756.50	1688.30	0.933 times
06 Fri Sep 2024	1702.70	1737.90	1750.50	1666.50	1.006 times
30 Fri Aug 2024	1731.75	1695.50	1750.00	1676.15	0.779 times
23 Fri Aug 2024	1686.65	1582.10	1694.45	1565.80	0.713 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 Glenmark Pharmaceuticals (GLENMARK)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	1713.00	1737.90	1769.60	1666.50	0.443 times
30 Fri Aug 2024	1731.75	1472.80	1750.00	1406.40	1.219 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

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 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 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 losing momentum.

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

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 in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 1718.23 and Glenmark Pharmaceuticals (GLENMARK) stock is trading below this level. This means that stock is falling with high volumes. 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.