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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 2024-09-24 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 1541857

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	1697.50	1720.00	1726.65	1691.65	0.535 times
23 Mon Sep 2024	1712.45	1705.00	1764.00	1705.00	3.169 times
20 Fri Sep 2024	1636.75	1659.15	1674.00	1610.00	1.896 times
19 Thu Sep 2024	1649.80	1646.05	1676.75	1625.90	0.645 times
18 Wed Sep 2024	1646.05	1714.00	1719.25	1623.10	1.036 times
17 Tue Sep 2024	1713.00	1745.00	1746.75	1708.00	0.516 times
16 Mon Sep 2024	1741.45	1769.60	1769.60	1734.45	0.398 times
13 Fri Sep 2024	1753.70	1745.05	1756.50	1729.65	0.452 times
12 Thu Sep 2024	1747.95	1729.95	1754.35	1729.95	0.695 times
11 Wed Sep 2024	1725.65	1727.85	1744.00	1715.15	0.512 times

My analysis of stock is bearish for shortterm, and stock might move down till 1671.7 or till 1634.1. Use a stoploss of 1703.05 and if the stock hits stoploss, then it can shoot up till 1734.39

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	1671.43
Downside Intraday Target	1645.37
Upside Intraday Target	1743.78
Upside Intraday Target	1790.07
Upside Intraday Target	1717.72

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	1697.50	1705.00	1764.00	1691.65	0.825 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
24 Tue Sep 2024	1697.50	1737.90	1769.60	1610.00	0.895 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 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 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 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 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 coming down

CCI has generated a SELL signal for Glenmark Pharmaceuticals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 1692.27 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 falling down

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 has given negative 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.