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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
23 Fri Jul 649.90 673.00 674.55 645.00 32.92 lakhs
22 Thu Jul 672.30 670.00 683.05 665.90 20.63 lakhs
20 Tue Jul 667.60 682.55 685.90 665.00 17.64 lakhs
19 Mon Jul 682.55 676.00 690.95 676.00 18.58 lakhs
16 Fri Jul 687.05 655.85 690.00 655.85 64.33 lakhs
GLENMARK chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 650.3, but if it comes above 650.3, then a intra day buy could be more profitable.
If you take a sell trade below 650.3, then use 650.3 as stoploss and 637.6 as target. However if you take a buy trade in stock , then use 650.3 as stoploss and 660.89 as target.

  • Daily Price action analysis of GLENMARK based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 649.90 as on 23 Fri Jul 15:34

Day open is at 673.00, day high is at 674.55, day low is at 645.00, and day volume is at 1398.33 lakhs so far.

First 15 minute high low range is 667.30 - 674.55

First hour high low range is 662.95 - 674.55

Date Intraday Price Open High Low Volume
23 Fri Jul 15:34 649.90 673.00 674.55 645.00 3290982
23 Fri Jul 15:30 651.00 673.00 674.55 645.00 3290982
23 Fri Jul 15:25 649.75 673.00 674.55 645.00 3241266
23 Fri Jul 15:20 649.55 673.00 674.55 645.00 3161602
23 Fri Jul 15:15 650.60 673.00 674.55 645.00 3100890
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: 670.93 or 653.6125
  • Upside target: 674.55
  • Downside target : 660.05
  • Second Upside target: 662.23
  • Second Downside target : 632.68

Glenmark Pharmaceuticals (GLENMARK) weekly technical analysis

Date Weekly Close Open Range Volume
23 Fri Jul 649.90 676.00 645.00
690.95
89.786 lakhs
16 Fri Jul 687.05 670.00 652.20
690.00
139.673 lakhs
09 Fri Jul 665.30 665.00 645.10
667.85
65.147 lakhs
02 Fri Jul 662.70 649.40 644.25
672.00
85.791 lakhs
25 Fri Jun 646.40 638.00 626.00
650.00
59.357 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
23 Fri Jul 649.90 652.40 645.00
690.95
320.299 lakhs
30 Wed Jun 652.55 594.15 591.00
672.00
522.528 lakhs
31 Mon May 592.50 577.00 554.00
640.00
790.054 lakhs
30 Fri Apr 576.80 466.00 462.35
590.00
1007.837 lakhs
31 Wed Mar 464.70 468.70 442.05
492.95
281.459 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: 705.6
  • Upside daily target: 671.45
  • Downside daily target: 632.68

Glenmark Pharmaceuticals Weekly stock price targets

  • Upside weekly target: 707.43
  • Upside weekly target: 670.43
  • Downside weekly target: 637.65
  • Downside weekly target: 607.24

Glenmark Pharmaceuticals Monthly stock price targets

  • Upside monthly target: 702.78
  • Upside monthly target: 659.25
  • Downside monthly target: 624.48
  • Downside monthly target: 573.25
  • Downside monthly target: 519.58
  • Downside monthly target: 493.53
  • Downside monthly target: 469.66
  • Downside monthly target: 446.88

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 SELL. Signal strength is Weak and stock is losing momentum.

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

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. 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 coming down

CCI has generated a SELL signal for Glenmark Pharmaceuticals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 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 668.74 and Glenmark Pharmaceuticals GLENMARK stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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