Homepage Active Options Active Stocks

Stock analysis Glenmark Life Science Ltd GLS

More indepth analysis on MunafaSutra.com

Moving Averages for Glenmark Life Science Ltd

  • 5Day Average: 1026.06
  • 12Day Average: 1011.23
  • 20Day Average: 1011.01
  • 50Day Average: 1047.28
  • 100Day Average: 1083.6
  • 150Day Average: 1020.7
  • 200Day Average: 971.61

GLS Indicators & signals

Indicator MACD (12,26,9)

1018.97, 1024.72, -11.19
Indicator MACD is in negative zone

Indicator ADX (14)

22.02, 13.37, 20.91
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GLS Glenmark Life Science Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 1011.10 998.05 to 1029.95 -1.73% 0.77 times
09 Thu Jan 2025 1028.85 1012.55 to 1050.25 -1.4% 0.72 times
08 Wed Jan 2025 1043.45 1030.40 to 1057.45 -0% 0.64 times
07 Tue Jan 2025 1043.50 1000.65 to 1056.00 4% 0.56 times
06 Mon Jan 2025 1003.40 996.10 to 1038.25 -2.71% 0.87 times
03 Fri Jan 2025 1031.35 1021.10 to 1055.00 0.09% 0.78 times
02 Thu Jan 2025 1030.45 1010.55 to 1044.00 1.2% 0.81 times
01 Wed Jan 2025 1018.25 980.15 to 1040.00 3.54% 1.33 times
31 Tue Dec 2024 983.45 959.95 to 997.70 1.42% 1.57 times
30 Mon Dec 2024 969.65 965.20 to 993.35 -1.81% 1.58 times
27 Fri Dec 2024 987.55 973.00 to 997.25 0.39% 1.14 times
26 Thu Dec 2024 983.75 940.15 to 998.80 2.65% 2.26 times

Technical analysis forecast for Glenmark Life Science Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Glenmark Life Science Ltd GLS at this time. Stock is falling and might fall more.

It appears as if Glenmark Life Science Ltd GLS gave a large move recently.

Stock of Glenmark Life Science Ltd (GLS) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Glenmark Life Science Ltd is bearish for shortterm, and stock might move down till 997.2 or till 968.6. Use a stoploss of 1020.94 and if the stock hits stoploss, then it can shoot up till 1044.73

More indepth analysis on MunafaSutra.com