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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 2024-12-05 View latest technical analysis

10 day averaged volume of Glenmark Life is 90950

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	1075.15	1105.05	1112.00	1071.00	0.729 times
04 Wed Dec 2024	1095.40	1095.05	1130.00	1090.00	1.271 times
03 Tue Dec 2024	1085.40	1072.65	1105.30	1072.55	0.936 times
02 Mon Dec 2024	1071.55	1080.10	1091.35	1068.20	0.661 times
29 Fri Nov 2024	1084.10	1080.60	1093.85	1068.20	0.912 times
28 Thu Nov 2024	1080.60	1085.95	1092.60	1068.20	0.63 times
27 Wed Nov 2024	1082.80	1068.20	1090.00	1068.20	1.143 times
26 Tue Nov 2024	1068.20	1090.05	1093.85	1051.00	0.851 times
25 Mon Nov 2024	1092.65	1040.05	1110.00	1034.00	2.195 times
22 Fri Nov 2024	1045.65	1080.05	1099.40	1032.20	0.905 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 1068.5 as stoploss in an intra day buy trade for a target of 1083.48. However, stock will show a bearish move below 1068.5.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	851.25
Downside Target	935.00
Downside Target	1012.05
Downside Target	1068.20
Upside Target	1095.00
Upside Target	1121.00
Upside Target	1130.00
Upside Target	1164.00
Upside Target	1223.05
Upside Target	1335.10

Intraday share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Intraday Target	1052.23
Downside Intraday Target	1029.32
Upside Intraday Target	1114.03
Upside Intraday Target	1152.92
Upside Intraday Target	1091.12

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	1075.15	1080.10	1130.00	1068.20	0.628 times
29 Fri Nov 2024	1084.10	1040.05	1110.00	1034.00	1.725 times
22 Fri Nov 2024	1045.65	1082.60	1103.80	1032.20	0.974 times
14 Thu Nov 2024	1082.60	1075.80	1121.00	1040.00	0.602 times
08 Fri Nov 2024	1096.10	1055.00	1164.00	1044.65	0.699 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
05 Thu Dec 2024	1075.15	1080.10	1130.00	1068.20	0.196 times
29 Fri Nov 2024	1084.10	1055.55	1164.00	1012.05	0.381 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

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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Glenmark Life stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 1080.92 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.