Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-13 View latest technical analysis

10 day averaged volume of Glenmark Life is 152231

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	1018.15	1034.60	1039.45	1004.40	0.569 times
12 Thu Dec 2024	1036.35	1049.85	1059.95	1015.80	0.527 times
11 Wed Dec 2024	1049.85	1040.00	1055.00	1024.00	4.537 times
10 Tue Dec 2024	1039.90	1030.00	1046.00	1012.00	0.866 times
09 Mon Dec 2024	1029.75	1059.80	1077.75	1022.35	0.649 times
06 Fri Dec 2024	1056.55	1081.00	1085.40	1048.05	0.728 times
05 Thu Dec 2024	1075.15	1105.05	1112.00	1071.00	0.436 times
04 Wed Dec 2024	1095.40	1095.05	1130.00	1090.00	0.759 times
03 Tue Dec 2024	1085.40	1072.65	1105.30	1072.55	0.559 times
02 Mon Dec 2024	1071.55	1080.10	1091.35	1068.20	0.395 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1018.3, for a target of 1044.8 or 1066.96

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	851.25
Downside Target	935.00
Downside Target	1004.40
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	989.12
Downside Intraday Target	960.08
Upside Intraday Target	1062.47
Upside Intraday Target	1106.78
Upside Intraday Target	1033.43

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Dec 2024	1018.15	1059.80	1077.75	1004.40	2.484 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
13 Fri Dec 2024	1018.15	1080.10	1130.00	1004.40	0.916 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 gaining 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 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 but selling is losing 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 1053.06 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.