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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 2024-12-11 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 538221

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	1526.40	1542.65	1549.90	1524.50	0.899 times
10 Tue Dec 2024	1542.65	1535.00	1576.50	1521.00	3.299 times
09 Mon Dec 2024	1514.15	1528.00	1530.10	1504.55	0.674 times
06 Fri Dec 2024	1528.10	1544.65	1557.90	1521.75	1.126 times
05 Thu Dec 2024	1544.65	1547.70	1552.00	1512.30	1.087 times
04 Wed Dec 2024	1548.65	1563.00	1563.80	1543.00	0.648 times
03 Tue Dec 2024	1559.40	1550.00	1568.80	1540.00	0.474 times
02 Mon Dec 2024	1547.55	1528.10	1564.50	1519.95	1.134 times
29 Fri Nov 2024	1528.65	1500.00	1531.50	1495.85	0.54 times
28 Thu Nov 2024	1495.15	1524.00	1533.85	1491.80	0.401 times

My analysis of stock is bullish for shortterm, and stock might move up till 1550.6 or till 1584.8. Use a stoploss of 1522.15 and if this stock hits its stoploss, then it can fall down till 1493.66

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	1406.40
Downside Target	1451.00
Upside Target	1568.80
Upside Target	1597.05
Upside Target	1610.00
Upside Target	1628.10
Upside Target	1684.45
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	1495.13
Downside Intraday Target	1463.87
Upside Intraday Target	1567.08
Upside Intraday Target	1607.77
Upside Intraday Target	1535.82

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	1526.40	1528.00	1576.50	1504.55	1.09 times
06 Fri Dec 2024	1528.10	1528.10	1568.80	1512.30	1.099 times
29 Fri Nov 2024	1528.65	1478.10	1533.85	1478.10	0.703 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

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
11 Wed Dec 2024	1526.40	1528.10	1576.50	1504.55	0.398 times
29 Fri Nov 2024	1528.65	1694.55	1776.75	1451.00	0.839 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

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 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 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1537.08 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 is giving positive 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.