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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 2024-10-16 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 883090

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1781.45	1804.90	1809.90	1750.10	0.794 times
15 Tue Oct 2024	1804.90	1821.90	1830.95	1794.15	0.471 times
14 Mon Oct 2024	1818.15	1797.80	1823.00	1784.25	0.821 times
11 Fri Oct 2024	1790.65	1761.00	1805.00	1759.85	0.538 times
10 Thu Oct 2024	1760.95	1789.70	1803.00	1747.45	1.138 times
09 Wed Oct 2024	1786.15	1741.00	1795.00	1727.95	1.139 times
08 Tue Oct 2024	1734.55	1675.00	1739.00	1663.70	1.057 times
07 Mon Oct 2024	1675.10	1670.95	1688.85	1653.95	1.656 times
04 Fri Oct 2024	1662.70	1634.25	1699.90	1629.95	1.408 times
03 Thu Oct 2024	1644.35	1660.00	1679.05	1636.85	1.033 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1767.9, but if it comes below 1767.9, then a intra day sell could be more profitable.
If you take a sell trade below 1767.9, then use 1767.9 as stoploss and 1709.76 as target. However if you take a buy trade in stock , then use 1767.9 as stoploss and 1837.6 as target.

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	1037.15
Downside Target	1232.10
Downside Target	1264.00
Downside Target	1406.40
Downside Target	1474.00
Downside Target	1610.00
Downside Target	1701.95
Downside Target	1750.00
Downside Target	1764.00
Downside Target	1769.60
Upside Target	1805.00
Upside Target	1830.95

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1744.05
Downside Intraday Target	1706.65
Upside Intraday Target	1824.9
Upside Intraday Target	1868.35
Upside Intraday Target	1787.5

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1781.45	1797.80	1830.95	1750.10	0.377 times
11 Fri Oct 2024	1790.65	1670.95	1805.00	1653.95	1.364 times
04 Fri Oct 2024	1662.70	1696.80	1701.95	1629.95	0.429 times
27 Fri Sep 2024	1685.70	1705.00	1764.00	1668.00	1.206 times
20 Fri Sep 2024	1636.75	1769.60	1769.60	1610.00	1.494 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
16 Wed Oct 2024	1781.45	1673.00	1830.95	1629.95	0.372 times
30 Mon Sep 2024	1673.50	1737.90	1769.60	1610.00	1.032 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

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 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 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 losing momentum.

MACD generated a BUY signal for Glenmark Pharmaceuticals in short term and the buy signal is strong.

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 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 1731.09 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.