(GlenmarkPha) Glenmark Pha complete technical analysis [charts+indicators] | Buy/Sell Glenmark Pha | (GlenmarkPha) share price targets
Complete technical analysis of Glenmark Pha (GlenmarkPha) by charts plus indicators, forecast predictions and share price targets for Glenmark Pha (GlenmarkPha)
Showing technical analysis as on 2021-08-31 View latest technical analysis
10 day averaged volume of Glenmark Pha is 119751
|Date||Daily Closing Price||Open||High||Low||Volume|
|31 Tue Aug 2021||530.35||530.25||532.75||523.50||1.088 times|
|30 Mon Aug 2021||528.05||515.95||530.80||514.65||1.045 times|
|27 Fri Aug 2021||516.75||512.90||522.00||512.50||0.687 times|
|26 Thu Aug 2021||512.85||519.20||524.40||511.25||0.902 times|
|25 Wed Aug 2021||519.90||524.75||527.00||518.20||0.478 times|
|24 Tue Aug 2021||521.50||527.85||531.50||515.20||1.272 times|
|23 Mon Aug 2021||527.85||543.05||547.95||524.00||1.025 times|
|20 Fri Aug 2021||540.00||551.80||559.00||535.00||1.22 times|
|18 Wed Aug 2021||553.40||556.10||558.95||551.20||0.595 times|
|17 Tue Aug 2021||554.00||566.00||569.45||550.65||1.148 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 527.2 as stoploss in an intra day buy trade for a target of 557.65. However, stock will show a bearish move below 527.2.
Share price targets for Glenmark Pha (GlenmarkPha)
Intraday share price targets for Glenmark Pha (GlenmarkPha)
|Downside Intraday Target||519.08|
|Downside Intraday Target||507.82|
|Upside Intraday Target||537.18|
|Upside Intraday Target||544.02|
|Downside Intraday Target||525.92|
Weekly technical analysis of Glenmark Pha (GlenmarkPha)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|31 Tue Aug 2021||530.35||515.95||532.75||514.65||0.489 times|
|27 Fri Aug 2021||516.75||543.05||547.95||511.25||0.95 times|
|20 Fri Aug 2021||540.00||567.25||583.00||535.00||1.104 times|
|13 Fri Aug 2021||563.20||597.40||597.65||560.20||0.85 times|
|06 Fri Aug 2021||596.65||617.00||618.00||583.55||0.615 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 Pha (GlenmarkPha)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|31 Tue Aug 2021||530.35||617.00||618.00||511.25||0.757 times|
|30 Fri Jul 2021||607.60||652.80||690.60||582.00||0.935 times|
|30 Wed Jun 2021||652.80||595.90||671.80||591.55||0.764 times|
|31 Mon May 2021||592.60||575.00||640.30||554.00||0.748 times|
Scroll below to view daily charts
Price has moved down 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 Pha (GlenmarkPha)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||11, 29, 45||Sell|
Price action analysis of Glenmark Pha ( (GlenmarkPha) ) 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 Pha ( (GlenmarkPha) ) 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 Pha ( (GlenmarkPha) ) 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.
Price action analysis of Glenmark Pha ( (GlenmarkPha) ) 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 Pha stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Glenmark Pha in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Glenmark Pha Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Pha 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Glenmark Pha is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 531.01 and Glenmark Pha (GlenmarkPha) 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 Pha (GlenmarkPha) stock. Volume based technical analysis of Glenmark Pha (GlenmarkPha) stock is negative.
Glenmark Pha Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.