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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 2024-09-26 View latest technical analysis

10 day averaged volume of Glenmark Life is 254457

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	1019.55	1067.00	1081.00	1012.20	0.797 times
25 Wed Sep 2024	1057.60	1107.10	1127.00	1048.50	1.425 times
24 Tue Sep 2024	1107.35	1146.20	1157.65	1103.05	0.609 times
23 Mon Sep 2024	1136.15	1209.45	1210.00	1123.00	0.956 times
20 Fri Sep 2024	1151.85	1188.90	1194.95	1140.50	1.22 times
19 Thu Sep 2024	1188.85	1272.00	1278.45	1180.00	0.866 times
18 Wed Sep 2024	1271.65	1300.15	1304.10	1252.20	0.469 times
17 Tue Sep 2024	1310.55	1310.90	1326.45	1275.00	0.844 times
16 Mon Sep 2024	1310.90	1280.00	1335.10	1252.35	1.187 times
13 Fri Sep 2024	1292.85	1320.50	1323.00	1275.00	1.107 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1068.3, but if it comes above 1068.3, then a intra day buy could be more profitable.
If you take a sell trade below 1068.3, then use 1068.3 as stoploss and 945.6 as target. However if you take a buy trade in stock , then use 1068.3 as stoploss and 1170.53 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	755.95
Downside Target	806.00
Downside Target	851.25
Downside Target	882.00
Downside Target	972.00
Downside Target	993.55
Upside Target	1095.00
Upside Target	1140.50
Upside Target	1141.05
Upside Target	1175.00
Upside Target	1210.00
Upside Target	1325.00
Upside Target	1335.10

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	951.17
Downside Intraday Target	882.78
Upside Intraday Target	1148.97
Upside Intraday Target	1278.38
Upside Intraday Target	1080.58

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	1019.55	1209.45	1210.00	1012.20	0.826 times
20 Fri Sep 2024	1151.85	1280.00	1335.10	1140.50	0.294 times
13 Fri Sep 2024	1292.85	1150.00	1325.00	1141.05	2.004 times
06 Fri Sep 2024	1150.50	1047.40	1175.00	1031.90	1.214 times
30 Fri Aug 2024	1052.65	1050.00	1095.00	993.55	2.022 times

Price has moved down 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 Thu Sep 2024	1019.55	1047.40	1335.10	1012.20	1.222 times
30 Fri Aug 2024	1052.65	888.45	1095.00	851.25	1.016 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

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 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 short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining momentum.

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

Glenmark Life 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Glenmark Life in short term and SELL signal is strong!

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 1181.94 and Glenmark Life (GLS) 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 Life (GLS) stock. Volume based technical analysis of Glenmark Life (GLS) stock is negative.

Glenmark Life Stock has given negative 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.