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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 2024-12-30 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 845396

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	1589.80	1589.35	1601.55	1575.60	1.113 times
27 Fri Dec 2024	1585.95	1541.45	1604.50	1540.20	1.517 times
26 Thu Dec 2024	1541.45	1535.00	1549.90	1510.85	0.575 times
24 Tue Dec 2024	1535.80	1552.30	1563.00	1526.90	0.44 times
23 Mon Dec 2024	1550.60	1553.90	1566.70	1535.35	0.491 times
20 Fri Dec 2024	1541.65	1530.05	1560.70	1530.05	0.762 times
19 Thu Dec 2024	1540.80	1505.65	1551.95	1498.20	0.512 times
18 Wed Dec 2024	1524.70	1515.05	1543.00	1507.95	0.306 times
17 Tue Dec 2024	1514.10	1548.70	1554.90	1505.75	0.594 times
16 Mon Dec 2024	1551.35	1515.10	1563.40	1502.30	0.801 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1585.2, for a target of 1561.7 or 1542.05

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	1406.40
Downside Target	1446.50
Downside Target	1498.20
Downside Target	1563.40
Upside Target	1604.50
Upside Target	1610.00
Upside Target	1628.10
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	1576.42
Downside Intraday Target	1563.03
Upside Intraday Target	1602.37
Upside Intraday Target	1614.93
Downside Intraday Target	1588.98

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	1589.80	1589.35	1601.55	1575.60	0.368 times
27 Fri Dec 2024	1585.95	1553.90	1604.50	1510.85	1.016 times
20 Fri Dec 2024	1541.65	1515.10	1563.40	1498.20	0.386 times
13 Fri Dec 2024	1518.15	1528.00	1576.50	1446.50	2.709 times
06 Fri Dec 2024	1528.10	1528.10	1568.80	1512.30	1.099 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
30 Mon Dec 2024	1589.80	1528.10	1604.50	1446.50	1.181 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 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 1556.88 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.