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2020 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
02 Thu Jul 435.25 433.00 442.20 428.10 61.84 lakhs
01 Wed Jul 435.20 445.00 445.00 423.90 210.51 lakhs
30 Tue Jun 450.30 462.00 464.80 446.10 105.72 lakhs
29 Mon Jun 467.80 474.90 484.70 465.10 148.79 lakhs
26 Fri Jun 466.70 465.00 477.75 461.55 111.05 lakhs
GLENMARK chart

My analysis of stock is bullish for shortterm, and stock might move up till 465.1 or till 508.8. Use a stoploss of 428.66 and if this stock hits its stoploss, then it can fall down till 392.24

  • 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 435.25 as on 02 Thu Jul 15:33

Day open is at 433.00, day high is at 442.20, day low is at 428.10, and day volume is at 3164.46 lakhs so far.

First 15 minute high low range is 428.10 - 442.20

First hour high low range is 428.10 - 442.20

Date Intraday Price Open High Low Volume
02 Thu Jul 15:33 435.25 433.00 442.20 428.10 6177226
02 Thu Jul 15:30 434.80 433.00 442.20 428.10 6177226
02 Thu Jul 15:25 435.50 433.00 442.20 428.10 6071157
02 Thu Jul 15:20 435.80 433.00 442.20 428.10 5938639
02 Thu Jul 15:15 434.60 433.00 442.20 428.10 5711373
Intraday GLENMARK chart

Trend of Glenmark Pharmaceuticals is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Glenmark Pharmaceuticals (GLENMARK) intraday stock price targets

  • EntEntry: 435.15 or 436.9375
  • Upside target: 442.2
  • Downside target : 414
  • Second Upside target: 445.78
  • Second Downside target : 431.68

Glenmark Pharmaceuticals (GLENMARK) weekly technical analysis

Date Weekly Close Open Range Volume
02 Thu Jul 435.25 474.90 423.90
484.70
526.856 lakhs
26 Fri Jun 466.70 450.25 434.00
573.05
2073.031 lakhs
19 Fri Jun 409.35 404.00 387.05
417.00
192.932 lakhs
12 Fri Jun 403.85 405.95 371.00
412.80
203.501 lakhs
05 Fri Jun 402.55 358.00 356.25
413.95
317.18 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 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.

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
02 Thu Jul 435.25 445.00 423.90
445.00
272.351 lakhs
30 Tue Jun 450.30 358.00 356.25
573.05
3041.15 lakhs
29 Fri May 355.05 337.50 322.90
363.60
844.97 lakhs
30 Thu Apr 337.05 206.10 195.80
360.95
1610.243 lakhs
31 Tue Mar 205.85 279.50 161.65
294.90
632.918 lakhs
monthly GLENMARK chart

Monthly forecast of Glenmark Pharmaceuticals is positive. Buyers dominated the stock this month, and this trend might continue for a few days

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Glenmark Pharmaceuticals Daily stock price targets

  • Upside daily target: 607.8
  • Upside daily target: 529.03
  • Upside daily target: 496.38
  • Upside daily target: 470.94
  • Upside daily target: 446.05
  • Downside daily target: 419

Glenmark Pharmaceuticals Weekly stock price targets

  • Upside weekly target: 589.4
  • Upside weekly target: 511.7
  • Upside weekly target: 459.98
  • Upside weekly target: 437.1
  • Downside weekly target: 408.33
  • Downside weekly target: 379.4
  • Downside weekly target: 359.05
  • Downside weekly target: 340.53
  • Downside weekly target: 316.13

Glenmark Pharmaceuticals Monthly stock price targets

  • Upside monthly target: 620.08
  • Upside monthly target: 488.16
  • Upside monthly target: 440.13
  • Downside monthly target: 419.03
  • Downside monthly target: 379.68
  • Downside monthly target: 351.29
  • Downside monthly target: 323.8
  • Downside monthly target: 302.28
  • Downside monthly target: 281.1
  • Downside monthly target: 266.43
  • Downside monthly target: 250.38
  • Downside monthly target: 206.01
  • Downside monthly target: 117.13

Glenmark Pharmaceuticals (GLENMARK) indicators technical analysis

Price action analysis of Glenmark Pharmaceuticals (GLENMARK) based on a short term time period is

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 SELL signal for Glenmark Pharmaceuticals in short term but the sell signal is initial and weak.

Glenmark Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 Pharmaceuticals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

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 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 482.94 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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