NSE Stock GLS Historical charts - Glenmark Life Science Ltd

Historical charts for Stock GLS - Share Glenmark Life Science Ltd trades in NSE

Moving Averages for

5Day Average: 1047.17
12Day Average: 1032.19
20Day Average: 1015.59
50Day Average: 1042.6
100Day Average: 1084.29
150Day Average: 1028.31

GLS Indicators & signals

Indicator MACD (12,26,9)

1037.47, 1031.3, -3.84
Indicator MACD is in positive zone

Indicator ADX (14)

12.94, 20.83, 16.05
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

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

Date	Close	Range	Change %	Volume
17 Fri Jan 2025	1084.35	1056.80 to 1095.00	0.57%	1.63 times
16 Thu Jan 2025	1078.20	1045.55 to 1088.90	1.18%	1.08 times
15 Wed Jan 2025	1065.60	1005.20 to 1074.00	4.58%	1.11 times
14 Tue Jan 2025	1018.90	976.10 to 1025.00	3.04%	1.05 times
13 Mon Jan 2025	988.80	968.05 to 1008.10	0%	1.78 times
13 Mon Jan 2025	988.80	968.05 to 1008.10	-2.21%	1.78 times
10 Fri Jan 2025	1011.10	998.05 to 1029.95	-1.73%	0.69 times
09 Thu Jan 2025	1028.85	1012.55 to 1050.25	-1.4%	0.65 times
08 Wed Jan 2025	1043.45	1030.40 to 1057.45	-0%	0.58 times
07 Tue Jan 2025	1043.50	1000.65 to 1056.00	4%	0.51 times
06 Mon Jan 2025	1003.40	996.10 to 1038.25	-2.71%	0.78 times
03 Fri Jan 2025	1031.35	1021.10 to 1055.00	0.09%	0.7 times

Technical analysis forecast of GLS Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in GLS GLS at this time. Stock is rising and might rise more.

It appears as if GLS GLS gave a large move recently.

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

My analysis of GLS is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if GLS stays above 1065.7, but if it comes below 1065.7, then a intra day sell could be more profitable.
If you take a sell trade below 1065.7, then use 1065.7 as stoploss and 1031.34 as target. However if you take a buy trade in GLS, then use 1065.7 as stoploss and 1107 as target.

Tomorrow's movement Prediction of GLS is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 998.45

Tomorrow's movement Prediction of GLS is strongly bullish. It has broken a strong resistance of 1056 and is expected to move up further.

Munafa value: 75

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.