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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 2024-10-01 View latest technical analysis

10 day averaged volume of Glenmark Life is 267329

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1123.30	1065.00	1129.00	1054.05	2.175 times
30 Mon Sep 2024	1057.45	1044.00	1070.00	1023.55	1.195 times
27 Fri Sep 2024	1030.30	1019.55	1075.00	1015.85	1.965 times
26 Thu Sep 2024	1019.55	1067.00	1081.00	1012.20	0.759 times
25 Wed Sep 2024	1057.60	1107.10	1127.00	1048.50	1.356 times
24 Tue Sep 2024	1107.35	1146.20	1157.65	1103.05	0.58 times
23 Mon Sep 2024	1136.15	1209.45	1210.00	1123.00	0.91 times
20 Fri Sep 2024	1151.85	1188.90	1194.95	1140.50	1.161 times
19 Thu Sep 2024	1188.85	1272.00	1278.45	1180.00	0.825 times
18 Wed Sep 2024	1271.65	1300.15	1304.10	1252.20	0.446 times

Stock of Glenmark Life (GLS) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1072.4 or till 951.7. Use a stoploss of 1173.07 and if the stock hits stoploss, then it can shoot up till 1273.69

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	755.95
Downside Target	819.05
Downside Target	851.25
Downside Target	882.00
Downside Target	972.00
Downside Target	1012.20
Downside Target	1054.05
Downside Target	1095.00
Upside Target	1129.00
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	1054.9
Downside Intraday Target	986.5
Upside Intraday Target	1160.35
Upside Intraday Target	1197.4
Downside Intraday Target	1091.95

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1123.30	1044.00	1129.00	1023.55	0.605 times
27 Fri Sep 2024	1030.30	1209.45	1210.00	1012.20	1.276 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

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
01 Tue Oct 2024	1123.30	1065.00	1129.00	1054.05	0.065 times
30 Mon Sep 2024	1057.45	1047.40	1335.10	1012.20	1.35 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Glenmark Life in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Glenmark Life in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 1099.26 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 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.