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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 2024-08-07 View latest technical analysis

10 day averaged volume of Glenmark Life is 399226

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	921.55	920.00	932.50	909.75	0.191 times
06 Tue Aug 2024	918.90	940.00	950.00	909.65	0.563 times
05 Mon Aug 2024	933.40	869.05	955.00	851.25	4.285 times
02 Fri Aug 2024	884.00	888.00	892.50	872.10	0.501 times
01 Thu Aug 2024	902.70	888.45	910.00	882.05	0.625 times
31 Wed Jul 2024	888.45	888.95	892.75	877.55	0.377 times
30 Tue Jul 2024	888.95	870.70	892.55	861.80	0.456 times
29 Mon Jul 2024	870.70	850.70	873.95	842.55	0.505 times
26 Fri Jul 2024	850.70	873.50	905.00	847.30	0.931 times
25 Thu Jul 2024	876.25	858.80	887.00	847.40	1.343 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 933.5, for a target of 900.5 or 872.9

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	743.85
Downside Target	806.00
Downside Target	858.50
Downside Target	866.00
Downside Target	882.00
Downside Target	905.00
Downside Target	910.00
Downside Target	914.95
Upside Target	955.00
Upside Target	972.00

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	863.53
Downside Intraday Target	805.52
Upside Intraday Target	967.28
Upside Intraday Target	1013.02
Downside Intraday Target	909.27

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	921.55	869.05	955.00	851.25	2.045 times
02 Fri Aug 2024	884.00	850.70	910.00	842.55	0.645 times
26 Fri Jul 2024	850.70	841.50	905.00	819.05	0.911 times
19 Fri Jul 2024	847.35	843.40	856.45	834.05	0.908 times
12 Fri Jul 2024	848.30	907.95	914.95	837.50	1.987 times

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

Monthly technical analysis of Glenmark Life (GLS)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	921.55	888.45	955.00	851.25	0.378 times
31 Wed Jul 2024	888.45	870.00	972.00	819.05	5.18 times
28 Fri Jun 2024	869.05	840.00	882.00	755.95	0.789 times
31 Fri May 2024	836.25	837.00	858.50	806.00	0.587 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 Life (GLS)

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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Glenmark Life in short term and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Glenmark Life in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Glenmark Life is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 905.07 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.