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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 2024-09-23 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 1156068

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	1712.45	1705.00	1764.00	1705.00	4.226 times
20 Fri Sep 2024	1636.75	1659.15	1674.00	1610.00	2.529 times
19 Thu Sep 2024	1649.80	1646.05	1676.75	1625.90	0.861 times
18 Wed Sep 2024	1646.05	1714.00	1719.25	1623.10	1.381 times
17 Tue Sep 2024	1713.00	1745.00	1746.75	1708.00	0.688 times
16 Mon Sep 2024	1741.45	1769.60	1769.60	1734.45	0.531 times
13 Fri Sep 2024	1753.70	1745.05	1756.50	1729.65	0.602 times
12 Thu Sep 2024	1747.95	1729.95	1754.35	1729.95	0.927 times
11 Wed Sep 2024	1725.65	1727.85	1744.00	1715.15	0.682 times
10 Tue Sep 2024	1727.85	1713.00	1746.85	1713.00	0.909 times

Stock of Glenmark Pharmaceuticals (GLENMARK) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 1734.9 or till 1772.5. Use a stoploss of 1703.54 and if this stock hits its stoploss, then it can fall down till 1672.21

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	1610.00
Downside Target	1666.50
Upside Target	1750.00
Upside Target	1750.50
Upside Target	1756.50
Upside Target	1764.00
Upside Target	1769.60

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1690.3
Downside Intraday Target	1668.15
Upside Intraday Target	1749.3
Upside Intraday Target	1786.15
Upside Intraday Target	1727.15

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	1712.45	1705.00	1764.00	1705.00	0.705 times
20 Fri Sep 2024	1636.75	1769.60	1769.60	1610.00	1.494 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

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
23 Mon Sep 2024	1712.45	1737.90	1769.60	1610.00	0.861 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Glenmark Pharmaceuticals ( (GLENMARK) ) based on a short to mid 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 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 Weak 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 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 weakening, and bulls 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 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 1694.42 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.