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 2024-12-20 View latest technical analysis

10 day averaged volume of Glenmark Life is 147219

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1013.30	1017.15	1030.00	1005.50	0.613 times
19 Thu Dec 2024	1017.15	1014.00	1035.00	1007.00	0.545 times
18 Wed Dec 2024	1031.25	1014.70	1054.90	999.95	0.586 times
17 Tue Dec 2024	1011.85	1029.00	1033.45	1004.40	0.37 times
16 Mon Dec 2024	1028.40	1027.90	1041.00	1013.10	0.356 times
13 Fri Dec 2024	1018.15	1034.60	1039.45	1004.40	0.589 times
12 Thu Dec 2024	1036.35	1049.85	1059.95	1015.80	0.544 times
11 Wed Dec 2024	1049.85	1040.00	1055.00	1024.00	4.692 times
10 Tue Dec 2024	1039.90	1030.00	1046.00	1012.00	0.895 times
09 Mon Dec 2024	1029.75	1059.80	1077.75	1022.35	0.671 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1025.2, but if it comes above 1025.2, then a intra day buy could be more profitable.
If you take a sell trade below 1025.2, then use 1025.2 as stoploss and 991.3 as target. However if you take a buy trade in stock , then use 1025.2 as stoploss and 1053.42 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	851.25
Downside Target	935.00
Downside Target	999.95
Upside Target	1077.75
Upside Target	1095.00
Upside Target	1103.80
Upside Target	1110.00
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	990.53
Downside Intraday Target	967.77
Upside Intraday Target	1045.48
Upside Intraday Target	1077.67
Upside Intraday Target	1022.72

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1013.30	1027.90	1054.90	999.95	0.334 times
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

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
20 Fri Dec 2024	1013.30	1080.10	1130.00	999.95	1.134 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

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 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 1037.56 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.