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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 106904

Date Daily Closing Price Open High Low Volume
08 Fri Nov 2024 1096.10 1116.75 1119.95 1090.00 0.485 times
07 Thu Nov 2024 1116.75 1098.05 1164.00 1098.05 2.072 times
06 Wed Nov 2024 1098.05 1066.60 1114.95 1065.45 0.629 times
05 Tue Nov 2024 1061.95 1054.15 1104.00 1053.20 0.744 times
04 Mon Nov 2024 1073.40 1055.00 1083.30 1044.65 0.895 times

My analysis of stock is bullish for shortterm, and stock might move up till 1133.5 or till 1206.7. Use a stoploss of 1072.54 and if this stock hits its stoploss, then it can fall down till 1011.54

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 1036.00
Downside Target 1080.00
Upside Target 1144.95
Upside Target 1164.00
Upside Target 1219.90
Upside Target 1223.05
Upside Target 1335.10

Intraday share price targets for Glenmark Life (GLS)

Target Type Value
Downside Intraday Target 1039.17
Downside Intraday Target 982.23
Upside Intraday Target 1158.52
Upside Intraday Target 1220.93
Upside Intraday Target 1101.58

Weekly technical analysis of Glenmark Life (GLS)

Date Weekly Closing Price Open High Low Volume
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
30 Wed Oct 2024 1027.45 948.05 1036.00 935.00 0.581 times
25 Fri Oct 2024 938.40 1139.85 1144.95 936.90 1.658 times
18 Fri Oct 2024 1130.00 1178.05 1219.90 1080.00 0.781 times

Price has moved up 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
08 Fri Nov 2024 1096.10 1055.55 1164.00 1012.05 0.118 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 24, 16, 19 Buy
MACD -9, -21Buy
Stochastics 78Buy
CCI 87Sell
RSI 47Sell
OBV 215448Sell
VWAP 1063Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Glenmark Life ( (GLS) ) based on a mid to longer 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.

ADX buy sell signal for Glenmark Life stock for short term is BUY. 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 tired and bears are picking up momentum.

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 SELL signal for Glenmark Life in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1062.56 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 positive

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

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