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2021 Glenmark Pharmaceuticals (GLENMARK) technical analysis [forecast] stock price targets

Glenmark Pharmaceuticals technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Glenmark Pharmaceuticals deals in Pharmaceuticals Glenmark Pharmaceuticals option chain analysis

Date Close Open High Low Volume
15 Fri Jan 512.10 521.90 524.75 508.05 18.49 lakhs
14 Thu Jan 520.40 514.40 522.80 506.70 20.55 lakhs
13 Wed Jan 514.75 520.00 523.90 505.15 19.65 lakhs
12 Tue Jan 517.25 525.00 532.00 515.60 30.9 lakhs
11 Mon Jan 523.30 519.10 525.35 516.55 15.1 lakhs
GLENMARK chart

My analysis of stock is bullish for shortterm, and stock might move up till 519 or till 533.1. Use a stoploss of 507.24 and if this stock hits its stoploss, then it can fall down till 495.47

  • Daily Price action analysis of GLENMARK 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.

  • Daily Price action analysis of GLENMARK 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.

  • Daily Price action analysis of GLENMARK based on a 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.

Intraday technical analysis of Glenmark Pharmaceuticals

Stock is trading at 512.10 as on 15 Fri Jan 15:33

Day open is at 521.90, day high is at 524.75, day low is at 508.05, and day volume is at 767.1 lakhs so far.

First 15 minute high low range is 516.00 - 524.75

First hour high low range is 511.30 - 524.75

Date Intraday Price Open High Low Volume
15 Fri Jan 15:33 512.10 521.90 524.75 508.05 1848897
15 Fri Jan 15:30 511.95 521.90 524.75 508.05 1848897
15 Fri Jan 15:25 511.45 521.90 524.75 508.05 1828274
15 Fri Jan 15:20 512.05 521.90 524.75 508.05 1784879
15 Fri Jan 15:15 512.00 521.90 524.75 508.05 1740862
Intraday GLENMARK chart

Prices of Glenmark Pharmaceuticals are definitely rising in intraday. Look for buy opportunities.

Take a trade after 9:30am only.

Glenmark Pharmaceuticals (GLENMARK) intraday stock price targets

  • EntEntry: 520.38 or 513.2375
  • Upside target: 524.75
  • Downside target : 507.25
  • Second Upside target: 518.43
  • Second Downside target : 501.73

Glenmark Pharmaceuticals (GLENMARK) weekly technical analysis

Date Weekly Close Open Range Volume
15 Fri Jan 512.10 519.10 505.15
532.00
104.692 lakhs
08 Fri Jan 517.65 504.30 503.00
525.60
103.189 lakhs
01 Fri Jan 502.60 500.00 491.30
507.50
84.895 lakhs
24 Thu Dec 496.20 516.50 464.65
531.75
119.88 lakhs
18 Fri Dec 516.25 531.00 506.55
535.00
80.849 lakhs
weekly GLENMARK chart

Weekly forecast of Glenmark Pharmaceuticals is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Glenmark Pharmaceuticals 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.

Weekly Price action analysis of Glenmark Pharmaceuticals 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.

Glenmark Pharmaceuticals (GLENMARK) Monthly technical analysis

Date Monthly Close Open Range Volume
15 Fri Jan 512.10 493.75 493.70
532.00
221.555 lakhs
31 Thu Dec 493.50 474.60 464.65
549.00
571.738 lakhs
27 Fri Nov 471.40 474.00 460.40
515.65
564.583 lakhs
30 Fri Oct 474.80 487.00 464.25
509.55
559.646 lakhs
30 Wed Sep 482.65 469.00 441.70
518.45
641.086 lakhs
monthly GLENMARK chart

Monthly forecast of Glenmark Pharmaceuticals is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Glenmark Pharmaceuticals 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.

Monthly Price action analysis of Glenmark Pharmaceuticals 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.

Glenmark Pharmaceuticals Daily stock price targets

  • Upside daily target: 530.15
  • Downside daily target: 501.73

Glenmark Pharmaceuticals Weekly stock price targets

  • Upside weekly target: 561.68
  • Upside weekly target: 532.93
  • Downside weekly target: 502.23
  • Downside weekly target: 472.98
  • Downside weekly target: 446.88

Glenmark Pharmaceuticals Monthly stock price targets

  • Upside monthly target: 620.08
  • Upside monthly target: 563.43
  • Upside monthly target: 522.65
  • Downside monthly target: 493.53
  • Downside monthly target: 462.18
  • Downside monthly target: 438.28
  • Downside monthly target: 403.28
  • Downside monthly target: 379.68
  • Downside monthly target: 351.29
  • Downside monthly target: 313.69
  • Downside monthly target: 266.43

Glenmark Pharmaceuticals (GLENMARK) indicators technical analysis

Price action analysis of Glenmark Pharmaceuticals (GLENMARK) 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.

ADX buy sell signal for Glenmark Pharmaceuticals stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Glenmark Pharmaceuticals in short term and the buy signal is strong.

Glenmark Pharmaceuticals 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 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 Pharmaceuticals in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 517.09 and Glenmark Pharmaceuticals GLENMARK stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Glenmark Pharmaceuticals GLENMARK stock. Volume based technical analysis of Glenmark Pharmaceuticals GLENMARK stock is negative.

Glenmark Pharmaceuticals 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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chart GLENMARK