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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 2024-12-30 View latest technical analysis

10 day averaged volume of Glenmark Life is 93352

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	969.65	987.55	993.35	965.20	1.221 times
27 Fri Dec 2024	987.55	984.95	997.25	973.00	0.879 times
26 Thu Dec 2024	983.75	964.90	998.80	940.15	1.751 times
24 Tue Dec 2024	958.40	994.00	998.70	955.00	1.405 times
23 Mon Dec 2024	993.90	1015.00	1018.80	985.75	1.143 times
20 Fri Dec 2024	1013.30	1017.15	1030.00	1005.50	0.966 times
19 Thu Dec 2024	1017.15	1014.00	1035.00	1007.00	0.859 times
18 Wed Dec 2024	1031.25	1014.70	1054.90	999.95	0.924 times
17 Tue Dec 2024	1011.85	1029.00	1033.45	1004.40	0.583 times
16 Mon Dec 2024	1028.40	1027.90	1041.00	1013.10	0.562 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 990.8, but if it comes above 990.8, then a intra day buy could be more profitable.
If you take a sell trade below 990.8, then use 990.8 as stoploss and 946.6 as target. However if you take a buy trade in stock , then use 990.8 as stoploss and 1027.66 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	851.25
Downside Target	935.00
Downside Target	965.20
Upside Target	993.35
Upside Target	1048.05
Upside Target	1077.75
Upside Target	1095.00
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	958.78
Downside Intraday Target	947.92
Upside Intraday Target	986.93
Upside Intraday Target	1004.22
Upside Intraday Target	976.07

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	969.65	987.55	993.35	965.20	0.236 times
27 Fri Dec 2024	987.55	1015.00	1018.80	940.15	1.33 times
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

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
30 Mon Dec 2024	969.65	1080.10	1130.00	940.15	1.493 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 993.92 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 negative.

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