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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)

10 day averaged volume of Glenmark Life is 86413

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 1092.65 1040.05 1110.00 1034.00 2.311 times
22 Fri Nov 2024 1045.65 1080.05 1099.40 1032.20 0.953 times
21 Thu Nov 2024 1080.05 1082.00 1095.85 1070.20 0.522 times
19 Tue Nov 2024 1082.90 1083.00 1103.80 1070.20 0.789 times
18 Mon Nov 2024 1081.55 1082.60 1100.00 1051.55 1.233 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1099 as stoploss in an intra day sell trade for a target of 1066.05. However, stock will show a bullish move above 1099.

Share price targets for Glenmark Life (GLS)

Target Type Value
Downside Target 819.05
Downside Target 851.25
Downside Target 935.00
Downside Target 972.00
Downside Target 1003.15
Downside Target 1084.00
Upside Target 1103.80
Upside Target 1110.00
Upside Target 1121.00
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 1047.77
Downside Intraday Target 1002.88
Upside Intraday Target 1123.77
Upside Intraday Target 1154.88
Downside Intraday Target 1078.88

Weekly technical analysis of Glenmark Life (GLS)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 1092.65 1040.05 1110.00 1034.00 0.661 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
08 Fri Nov 2024 1096.10 1055.00 1164.00 1044.65 1.989 times
01 Fri Nov 2024 1051.00 1013.85 1084.00 1003.15 0.435 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
25 Mon Nov 2024 1092.65 1055.55 1164.00 1012.05 0.299 times
31 Thu Oct 2024 1057.20 1065.00 1223.05 935.00 0.504 times
30 Mon Sep 2024 1057.45 1047.40 1335.10 1012.20 1.35 times
30 Fri Aug 2024 1052.65 888.45 1095.00 851.25 1.016 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 14, 19, 16 Sell
MACD -5, -7Buy
Stochastics 37None
CCI -21Buy
RSI 50Sell
OBV 435959Sell
VWAP 1082Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 to mid 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 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 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 in or above 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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Glenmark Life is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1082.45 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 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.

Click here for Glenmark Life charts

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