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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 2024-10-22 View latest technical analysis

10 day averaged volume of Glenmark Life is 122765

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	1045.25	1111.00	1128.75	1041.50	1.622 times
21 Mon Oct 2024	1112.90	1139.85	1144.95	1105.05	0.456 times
18 Fri Oct 2024	1130.00	1112.05	1143.70	1080.00	0.87 times
17 Thu Oct 2024	1125.60	1173.00	1187.90	1120.00	1.017 times
16 Wed Oct 2024	1173.20	1202.65	1216.35	1160.15	0.717 times
15 Tue Oct 2024	1202.70	1160.05	1219.90	1160.05	1.77 times
14 Mon Oct 2024	1172.40	1178.05	1199.95	1130.20	0.666 times
11 Fri Oct 2024	1178.05	1173.00	1189.00	1151.00	0.802 times
10 Thu Oct 2024	1178.00	1201.15	1213.75	1173.10	0.72 times
09 Wed Oct 2024	1201.70	1201.00	1223.05	1185.00	1.096 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1069.4, but if it comes above 1069.4, then a intra day buy could be more profitable.
If you take a sell trade below 1069.4, then use 1069.4 as stoploss and 1001 as target. However if you take a buy trade in stock , then use 1069.4 as stoploss and 1126.44 as target.

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
Upside Target	1080.00
Upside Target	1144.95
Upside Target	1185.00
Upside Target	1210.00
Upside Target	1219.90
Upside Target	1223.05
Upside Target	1335.10

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	1009.52
Downside Intraday Target	973.78
Upside Intraday Target	1112.97
Upside Intraday Target	1180.68
Upside Intraday Target	1077.23

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	1045.25	1139.85	1144.95	1041.50	0.412 times
18 Fri Oct 2024	1130.00	1178.05	1219.90	1080.00	0.781 times
11 Fri Oct 2024	1178.05	1150.05	1223.05	1110.00	0.515 times
04 Fri Oct 2024	1151.65	1044.00	1185.00	1023.55	1.033 times
27 Fri Sep 2024	1030.30	1209.45	1210.00	1012.20	1.276 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
22 Tue Oct 2024	1045.25	1065.00	1223.05	1041.50	0.323 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 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 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 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 1149.5 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 negative.

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