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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 2025-01-17 View latest technical analysis

10 day averaged volume of Glenmark Pharmaceuticals is 404226

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	1468.10	1447.10	1473.00	1437.95	1.024 times
16 Thu Jan 2025	1461.55	1479.95	1489.45	1457.00	0.469 times
15 Wed Jan 2025	1477.25	1523.50	1540.00	1453.00	2.521 times
14 Tue Jan 2025	1515.95	1517.00	1528.00	1481.25	1.357 times
13 Mon Jan 2025	1496.90	1525.00	1546.15	1492.05	1.073 times
10 Fri Jan 2025	1541.70	1585.30	1596.55	1538.20	0.579 times
09 Thu Jan 2025	1593.30	1627.90	1635.45	1587.50	0.864 times
08 Wed Jan 2025	1627.90	1657.70	1657.70	1602.50	0.988 times
07 Tue Jan 2025	1642.05	1623.70	1658.00	1618.70	0.826 times
06 Mon Jan 2025	1623.75	1636.10	1645.85	1608.75	0.588 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1506.5, but if it comes above 1506.5, then a intra day buy could be more profitable.
If you take a sell trade below 1506.5, then use 1506.5 as stoploss and 1436.6 as target. However if you take a buy trade in stock , then use 1506.5 as stoploss and 1564.64 as target.

Share price targets for Glenmark Pharmaceuticals (GLENMARK)

Target Type	Value
Downside Target	1437.95
Upside Target	1498.20
Upside Target	1610.00
Upside Target	1621.60
Upside Target	1628.10
Upside Target	1645.85
Upside Target	1658.00
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	1421.98
Downside Intraday Target	1375.87
Upside Intraday Target	1530.18
Upside Intraday Target	1592.27
Upside Intraday Target	1484.07

Weekly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	1468.10	1525.00	1546.15	1437.95	1.676 times
10 Fri Jan 2025	1541.70	1636.10	1658.00	1538.20	0.548 times
03 Fri Jan 2025	1636.10	1589.35	1645.85	1575.60	1.11 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Glenmark Pharmaceuticals (GLENMARK)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	1468.10	1609.10	1658.00	1437.95	0.31 times
31 Tue Dec 2024	1609.10	1528.10	1621.60	1446.50	1.268 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

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 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 gaining 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 getting stronger in this stock.

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

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 and selling is picking up 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 1532.22 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.