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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 2024-12-11 View latest technical analysis

10 day averaged volume of Glenmark Life is 91268

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	1049.85	1040.00	1055.00	1024.00	7.568 times
10 Tue Dec 2024	1039.90	1030.00	1046.00	1012.00	1.444 times
09 Mon Dec 2024	1029.75	1059.80	1077.75	1022.35	1.083 times
06 Fri Dec 2024	1056.55	1081.00	1085.40	1048.05	1.213 times
05 Thu Dec 2024	1075.15	1105.05	1112.00	1071.00	0.727 times
04 Wed Dec 2024	1095.40	1095.05	1130.00	1090.00	1.267 times
03 Tue Dec 2024	1085.40	1072.65	1105.30	1072.55	0.933 times
02 Mon Dec 2024	1071.55	1080.10	1091.35	1068.20	0.659 times
29 Fri Nov 2024	1084.10	1080.60	1093.85	1068.20	0.908 times
28 Thu Nov 2024	1080.60	1085.95	1092.60	1068.20	0.628 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, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1053.4, but if it comes above 1053.4, then a intra day buy could be more profitable.
If you take a sell trade below 1053.4, then use 1053.4 as stoploss and 1030.9 as target. However if you take a buy trade in stock , then use 1053.4 as stoploss and 1072.18 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	851.25
Downside Target	935.00
Downside Target	1012.00
Upside Target	1077.75
Upside Target	1103.80
Upside Target	1110.00
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	1015.32
Downside Intraday Target	980.78
Upside Intraday Target	1081.07
Upside Intraday Target	1112.28
Downside Intraday Target	1046.53

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	1049.85	1059.80	1077.75	1012.00	2.104 times
06 Fri Dec 2024	1056.55	1080.10	1130.00	1048.05	0.84 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Glenmark Life (GLS)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	1049.85	1080.10	1130.00	1012.00	0.816 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 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 neutral. A longer time frame might give a better analysis.

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

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

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 red color and prices are below the red 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 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 1058.73 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.