Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-25 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 810357

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	1490.40	1478.10	1524.00	1478.10	1.008 times
22 Fri Nov 2024	1478.20	1464.00	1487.50	1451.00	0.639 times
21 Thu Nov 2024	1466.40	1492.65	1494.20	1458.55	0.52 times
19 Tue Nov 2024	1492.65	1491.75	1517.70	1473.35	0.904 times
18 Mon Nov 2024	1485.75	1550.00	1597.05	1478.10	1.776 times
14 Thu Nov 2024	1533.70	1545.00	1560.00	1524.00	0.568 times
13 Wed Nov 2024	1539.40	1566.00	1577.45	1521.40	1.225 times
12 Tue Nov 2024	1577.05	1475.00	1632.65	1475.00	1.368 times
11 Mon Nov 2024	1634.20	1655.00	1684.45	1631.75	0.55 times
08 Fri Nov 2024	1666.50	1668.90	1681.10	1650.00	0.734 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1521.2, but if it comes above 1521.2, then a intra day buy could be more profitable.
If you take a sell trade below 1521.2, then use 1521.2 as stoploss and 1407.3 as target. However if you take a buy trade in stock , then use 1521.2 as stoploss and 1616.11 as target.

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	1232.10
Downside Target	1406.40
Downside Target	1451.00
Upside Target	1524.00
Upside Target	1597.05
Upside Target	1684.45
Upside Target	1724.40
Upside Target	1750.00
Upside Target	1769.60
Upside Target	1776.75
Upside Target	1830.95

Intraday share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Intraday Target	1471
Downside Intraday Target	1451.6
Upside Intraday Target	1516.9
Upside Intraday Target	1543.4
Upside Intraday Target	1497.5

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	1490.40	1478.10	1524.00	1478.10	0.263 times
22 Fri Nov 2024	1478.20	1550.00	1597.05	1451.00	1.035 times
14 Thu Nov 2024	1533.70	1655.00	1684.45	1475.00	0.701 times
08 Fri Nov 2024	1666.50	1694.95	1776.75	1644.10	1.733 times
01 Fri Nov 2024	1690.30	1663.80	1724.40	1628.10	1.15 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
25 Mon Nov 2024	1490.40	1694.55	1776.75	1451.00	0.748 times
31 Thu Oct 2024	1694.55	1673.00	1830.95	1628.10	0.588 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

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 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 mid to longer 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.

ADX buy sell signal for Glenmark Pharmaceuticals stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Glenmark Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 1531.84 and Glenmark Pharmaceuticals (GLENMARK) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.