(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 55390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 834.00 | 827.95 | 839.65 | 825.05 | 0.506 times |
| 16 Thu May 2024 | 827.95 | 825.40 | 835.00 | 822.00 | 0.593 times |
| 15 Wed May 2024 | 821.25 | 815.95 | 830.00 | 813.45 | 0.698 times |
| 14 Tue May 2024 | 813.45 | 816.95 | 840.40 | 807.05 | 0.965 times |
| 13 Mon May 2024 | 812.30 | 832.00 | 832.00 | 806.60 | 1.067 times |
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 841.7 as stoploss in an intra day sell trade for a target of 822.56. However, stock will show a bullish move above 841.7.
Share price targets for Glenmark Life (GLS)
| Target Type | Value |
| Downside Target | 652.10 |
| Downside Target | 676.50 |
| Downside Target | 743.85 |
| Downside Target | 767.05 |
| Downside Target | 792.00 |
| Upside Target | 840.40 |
| Upside Target | 848.00 |
| Upside Target | 866.00 |
| Upside Target | 878.30 |
| Upside Target | 899.65 |
| Upside Target | 906.00 |
Intraday share price targets for Glenmark Life (GLS)
| Target Type | Value |
| Downside Intraday Target | 813.6 |
| Downside Intraday Target | 793.2 |
| Upside Intraday Target | 847.4 |
| Upside Intraday Target | 860.8 |
| Downside Intraday Target | 827 |
Weekly technical analysis of Glenmark Life (GLS)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 834.00 | 832.00 | 840.40 | 806.60 | 0.621 times |
| 10 Fri May 2024 | 827.75 | 834.00 | 847.35 | 816.50 | 0.548 times |
| 03 Fri May 2024 | 829.95 | 814.95 | 848.00 | 792.00 | 0.446 times |
| 26 Fri Apr 2024 | 814.95 | 815.90 | 866.00 | 743.85 | 4.441 times |
| 19 Fri Apr 2024 | 802.65 | 798.00 | 815.00 | 767.05 | 1.496 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 |
| 17 Fri May 2024 | 834.00 | 837.00 | 848.00 | 806.60 | 0.318 times |
| 30 Tue Apr 2024 | 828.90 | 790.95 | 866.00 | 743.85 | 0.846 times |
| 28 Thu Mar 2024 | 776.65 | 862.00 | 899.65 | 676.50 | 0.92 times |
| 29 Thu Feb 2024 | 868.45 | 875.00 | 906.00 | 810.00 | 0.607 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 | 16, 13, 10 | Buy |
| MACD | 13, 14 | Sell |
| Stochastics | 51 | None |
| CCI | 66 | Buy |
| RSI | 37 | Sell |
| OBV | 651753 | Sell |
| VWAP | 828 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Glenmark Life ( (GLS) ) based on a short 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Glenmark Life in short term but the sell 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. 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 moving up
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 and selling is picking up 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 827.75 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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