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(GLS) Glenmark Life complete technical analysis [charts+indicators] | Buy/Sell Glenmark Life | (GLS) share price targets

Complete technical analysis of Glenmark Life (GLS) by charts plus indicators, forecast predictions and share price targets for Glenmark Life (GLS)

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Glenmark Life is 187364

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	750.25	740.80	755.65	733.70	0.434 times
20 Wed Mar 2024	741.15	735.00	754.75	728.55	0.483 times
19 Tue Mar 2024	728.55	767.35	771.00	719.75	0.355 times
18 Mon Mar 2024	759.70	730.05	768.55	724.45	0.818 times
15 Fri Mar 2024	739.35	732.00	752.00	715.60	1.22 times
14 Thu Mar 2024	722.25	688.25	746.40	680.05	0.802 times
13 Wed Mar 2024	688.30	748.00	752.00	676.50	1.248 times
12 Tue Mar 2024	723.00	732.05	737.40	712.70	0.591 times
11 Mon Mar 2024	732.45	765.05	765.45	724.95	0.862 times
07 Thu Mar 2024	765.45	734.00	770.20	733.65	1.265 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 722.6 as stoploss in an intra day buy trade for a target of 788.37. However, stock will show a bearish move below 722.6.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	616.10
Downside Target	642.00
Downside Target	719.75
Upside Target	765.45
Upside Target	810.00
Upside Target	840.25
Upside Target	849.50
Upside Target	861.50
Upside Target	878.30
Upside Target	899.65
Upside Target	900.00
Upside Target	906.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	723
Downside Intraday Target	695.75
Upside Intraday Target	774.25
Upside Intraday Target	798.25
Downside Intraday Target	747

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	750.25	730.05	771.00	719.75	0.442 times
15 Fri Mar 2024	739.35	765.05	765.45	676.50	0.654 times
07 Thu Mar 2024	765.45	846.00	849.50	725.00	2.082 times
02 Sat Mar 2024	844.90	874.80	906.00	840.25	1.309 times
23 Fri Feb 2024	874.80	884.95	900.00	861.50	0.792 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 Life (GLS)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	750.25	862.00	899.65	676.50	0.817 times
29 Thu Feb 2024	868.45	875.00	906.00	810.00	0.607 times
31 Wed Jan 2024	872.55	659.00	878.30	652.10	2.707 times
29 Fri Dec 2023	657.05	633.75	664.65	626.95	0.914 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 Life (GLS)

Price action analysis of Glenmark Life ( (GLS) ) 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 Life ( (GLS) ) 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 Life ( (GLS) ) 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 Life ( (GLS) ) 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 Life stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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

Glenmark Life 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. Bulls 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 buy signal for Glenmark Life 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 Life is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 734.19 and Glenmark Life (GLS) 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 Life (GLS) stock. Volume based technical analysis of Glenmark Life (GLS) stock is negative.

Glenmark Life 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.