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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
25 Fri Sep 482.55 459.20 485.00 458.05 29.24 lakhs
24 Thu Sep 454.35 465.80 466.75 446.95 31.68 lakhs
23 Wed Sep 470.75 463.05 473.80 462.20 25.98 lakhs
22 Tue Sep 459.30 475.25 476.45 441.70 38.78 lakhs
21 Mon Sep 473.45 508.00 514.00 461.50 41.37 lakhs
GLENMARK chart

My analysis of stock is bullish for shortterm, and stock might move up till 492.3 or till 508.8. Use a stoploss of 478.63 and if this stock hits its stoploss, then it can fall down till 464.93

  • 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 485.55 as on 28 Mon Sep 10:35

Day open is at 483.00, day high is at 486.60, day low is at 471.25, and day volume is at 115.29 lakhs so far.

First 15 minute high low range is 476.75 - 484.20

First hour high low range is 471.25 - 484.20

Date Intraday Price Open High Low Volume
28 Mon Sep 10:35 485.55 483.00 486.60 471.25 1194597
28 Mon Sep 10:30 484.60 483.00 485.00 471.25 1143395
28 Mon Sep 10:25 483.75 483.00 485.00 471.25 1108224
28 Mon Sep 10:20 481.30 483.00 485.00 471.25 1075798
28 Mon Sep 10:15 482.10 483.00 485.00 471.25 1054675
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: 480.48 or 477.65
  • Upside target: 484.2
  • Downside target : 469.3
  • Second Upside target: 497.25
  • Second Downside target : 470.3

Glenmark Pharmaceuticals (GLENMARK) weekly technical analysis

Date Weekly Close Open Range Volume
25 Fri Sep 482.55 508.00 441.70
514.00
167.05 lakhs
18 Fri Sep 508.90 487.00 476.00
518.45
197.824 lakhs
11 Fri Sep 485.15 476.75 450.10
487.70
113.955 lakhs
04 Fri Sep 476.65 490.50 460.70
501.45
122.244 lakhs
28 Fri Aug 493.95 492.05 475.00
506.50
132.349 lakhs
weekly GLENMARK chart

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

Weekly Price action analysis of Glenmark Pharmaceuticals 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.

Weekly Price action analysis of Glenmark Pharmaceuticals based on a short to mid 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.

Glenmark Pharmaceuticals (GLENMARK) Monthly technical analysis

Date Monthly Close Open Range Volume
25 Fri Sep 482.55 469.00 441.70
518.45
553.197 lakhs
31 Mon Aug 469.60 455.40 442.30
509.00
941.645 lakhs
31 Fri Jul 452.35 445.00 405.00
458.50
1225.317 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
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Glenmark Pharmaceuticals Daily stock price targets

  • Upside daily target: 525.38
  • Upside daily target: 498.94
  • Downside daily target: 471.33
  • Downside daily target: 441.23

Glenmark Pharmaceuticals Weekly stock price targets

  • Upside weekly target: 534.9
  • Upside weekly target: 505.45
  • Downside weekly target: 477.68
  • Downside weekly target: 451.24
  • Downside weekly target: 425.98

Glenmark Pharmaceuticals Monthly stock price targets

  • Upside monthly target: 620.08
  • Upside monthly target: 538.88
  • Upside monthly target: 490.29
  • Downside monthly target: 462.13
  • Downside monthly target: 431.58
  • Downside monthly target: 403.28
  • Downside monthly target: 379.68
  • Downside monthly target: 351.29
  • Downside monthly target: 323.15
  • Downside monthly target: 293.5
  • 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 485.64 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 has given negative 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