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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 2025-01-08 View latest technical analysis

10 day averaged volume of Glenmark Life is 91835

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	1043.45	1048.60	1057.45	1030.40	0.504 times
07 Tue Jan 2025	1043.50	1008.00	1056.00	1000.65	0.444 times
06 Mon Jan 2025	1003.40	1029.70	1038.25	996.10	0.683 times
03 Fri Jan 2025	1031.35	1034.00	1055.00	1021.10	0.612 times
02 Thu Jan 2025	1030.45	1025.10	1044.00	1010.55	0.64 times
01 Wed Jan 2025	1018.25	991.20	1040.00	980.15	1.046 times
31 Tue Dec 2024	983.45	960.00	997.70	959.95	1.233 times
30 Mon Dec 2024	969.65	987.55	993.35	965.20	1.241 times
27 Fri Dec 2024	987.55	984.95	997.25	973.00	0.893 times
26 Thu Dec 2024	983.75	964.90	998.80	940.15	1.78 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1037.9, but if it comes below 1037.9, then a intra day sell could be more profitable.
If you take a sell trade below 1037.9, then use 1037.9 as stoploss and 1012.67 as target. However if you take a buy trade in stock , then use 1037.9 as stoploss and 1068.2 as target.

Share price targets for Glenmark Life (GLS)

Target Type	Value
Downside Target	935.00
Downside Target	959.95
Downside Target	980.15
Upside Target	1054.90
Upside Target	1055.00
Upside Target	1057.45
Upside Target	1077.75
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	1007.22
Downside Intraday Target	970.98
Upside Intraday Target	1068.57
Upside Intraday Target	1093.68
Downside Intraday Target	1032.33

Weekly technical analysis of Glenmark Life (GLS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	1043.45	1029.70	1057.45	996.10	0.342 times
03 Fri Jan 2025	1031.35	987.55	1055.00	959.95	0.907 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

Price has moved up 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
08 Wed Jan 2025	1043.45	991.20	1057.45	980.15	0.139 times
31 Tue Dec 2024	983.45	1080.10	1130.00	940.15	1.561 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

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Glenmark Life Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Glenmark Life in short term and BUY 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 1000.35 and Glenmark Life (GLS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.