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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 2024-11-01 View latest technical analysis

10 day averaged volume of Glenmark Life is 185340

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	1051.00	1055.55	1084.00	1012.05	0.09 times
31 Thu Oct 2024	1057.20	1026.00	1065.30	1018.20	0.675 times
30 Wed Oct 2024	1027.45	1013.85	1036.00	1003.15	0.635 times
29 Tue Oct 2024	1017.20	986.40	1022.00	976.25	0.952 times
28 Mon Oct 2024	979.05	948.05	991.45	935.00	1.628 times
25 Fri Oct 2024	938.40	1015.00	1025.00	936.90	3.055 times
24 Thu Oct 2024	1041.00	1076.20	1091.95	1030.00	0.416 times
23 Wed Oct 2024	1076.20	1045.25	1092.25	1015.55	0.687 times
22 Tue Oct 2024	1045.25	1111.00	1128.75	1041.50	1.074 times
21 Mon Oct 2024	1112.90	1139.85	1144.95	1105.05	0.302 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1024.3 as stoploss in an intra day buy trade for a target of 1102.11. However, stock will show a bearish move below 1024.3.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	819.05
Downside Target	851.25
Downside Target	935.00
Downside Target	972.00
Downside Target	1012.05
Upside Target	1080.00
Upside Target	1110.00
Upside Target	1144.95
Upside Target	1185.00
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	962.67
Downside Intraday Target	874.33
Upside Intraday Target	1111.67
Upside Intraday Target	1172.33
Downside Intraday Target	1023.33

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	1051.00	948.05	1084.00	935.00	0.719 times
25 Fri Oct 2024	938.40	1139.85	1144.95	936.90	1.658 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

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 Fri Nov 2024	1051.00	1055.55	1084.00	1012.05	0.004 times
31 Thu Oct 2024	1057.20	1065.00	1223.05	935.00	0.49 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

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 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 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 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 and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Glenmark Life Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 but selling is losing 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 1000.71 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 negative.

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