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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 2024-03-26 View latest technical analysis

10 day averaged volume of Glenmark Life is 132813

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	759.75	754.00	766.85	741.85	0.827 times
22 Fri Mar 2024	753.70	750.00	756.25	742.00	0.388 times
21 Thu Mar 2024	750.25	740.80	755.65	733.70	0.613 times
20 Wed Mar 2024	741.15	735.00	754.75	728.55	0.681 times
19 Tue Mar 2024	728.55	767.35	771.00	719.75	0.501 times
18 Mon Mar 2024	759.70	730.05	768.55	724.45	1.153 times
15 Fri Mar 2024	739.35	732.00	752.00	715.60	1.721 times
14 Thu Mar 2024	722.25	688.25	746.40	680.05	1.132 times
13 Wed Mar 2024	688.30	748.00	752.00	676.50	1.761 times
12 Tue Mar 2024	723.00	732.05	737.40	712.70	0.834 times

My analysis of stock is bearish for shortterm, and stock might move down till 717.7 or till 647.9. Use a stoploss of 775.79 and if the stock hits stoploss, then it can shoot up till 833.9

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	616.10
Downside Target	642.00
Downside Target	719.75
Downside Target	741.85
Upside Target	765.45
Upside Target	810.00
Upside Target	840.25
Upside Target	849.50
Upside Target	878.30
Upside Target	899.65
Upside Target	906.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	745.45
Downside Intraday Target	731.15
Upside Intraday Target	770.45
Upside Intraday Target	781.15
Downside Intraday Target	756.15

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	759.75	754.00	766.85	741.85	0.248 times
22 Fri Mar 2024	753.70	730.05	771.00	719.75	0.501 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

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
26 Tue Mar 2024	759.75	862.00	899.65	676.50	0.864 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 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 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 BUY signal for Glenmark Life 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 Life 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 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 731.6 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.