GLENMARK NEWS why is Glenmark Pharmaceuticals Limited price falling or rising

GLENMARK NEWS reasons for why stock price of Glenmark Pharmaceuticals Limited is falling or rising

GLENMARK Glenmark Pharmaceuticals is falling or rising technical reasons

Technical analysis forecast of Glenmark Pharmaceuticals 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 Glenmark Pharmaceuticals GLENMARK at this time. Stock is rising and might rise more.

It appears as if Glenmark Pharmaceuticals GLENMARK gave a large move recently.

Stock of Glenmark Pharmaceuticals (GLENMARK) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Glenmark Pharmaceuticals is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1049.3 as stoploss in an intra day sell trade for a target of 1011.67. However, stock will show a bullish move above 1049.3.

GLENMARK Glenmark Pharmaceuticals is falling or rising NEWS fundamental reasons

Delhi HC upholds injunction against Glenmark Pharma Sun Pharma Laboratories, a wholly-owned subsidiary of Sun Pharmaceutical Industries, and Glenmark are contesting over their right to use drug names “Istamet” and “Indamet”, respectively, which Sun Pharma finds to be deceptively similar and confusin - NEWS as on 2024-04-17 indiatimes.com

Company Announcement Glenmark Pharmaceuticals Limitedhas Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India(Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-15

Company Announcement - NEWS as on 2024-04-01

Company Announcement Glenmark Pharmaceuticals Limited has informed the Exchange about Credit Rating - NEWS as on 2024-03-14

Company Announcement Glenmark Pharmaceuticals Limited has informed the Exchange regarding 'Disclosure pursuant to Regulation 30(7) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015'. - NEWS as on 2024-03-13

Company Announcement Glenmark Pharmaceuticals Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-02-19

Company Announcement Glenmark Pharmaceuticals Limited has informed the Exchange about Investor Presentation - NEWS as on 2024-02-15

Company Announcement Glenmark Pharmaceuticals Limited has informed the Exchange regarding Allotment of 20000 Equity Shares under the ESOP Scheme 2016. - NEWS as on 2024-02-13

Company Announcement Glenmark Pharmaceuticals Limited has informed the Exchange regarding a press release dated January 31, 2024, titled "Glenmark partners with Pfizer to launch Abrocitinib in India ". - NEWS as on 2024-02-01

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended December 31, 2023 - NEWS as on 2024-01-31

More announcements and NEWS

GLENMARK Glenmark Pharmaceuticals Limited current price & indicator signals

Moving Averages for Glenmark Pharmaceuticals Limited

  • 5Day Average: 1040.41
  • 12Day Average: 1037.56
  • 20Day Average: 1009.49
  • 50Day Average: 944.6
  • 100Day Average: 897.82
  • 150Day Average: 860.7
  • 200Day Average: 835.55

GLENMARK Indicators & signals

Indicator MACD (12,26,9)

1028.63, 999.76, 30.49
Indicator MACD is in positive zone

Indicator ADX (14)

30.06, 23.3, 12.53
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GLENMARK Glenmark Pharmaceuticals Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Tue Apr 2024 1034.50 1017.50 to 1044.25 -0.47% 1.61 times
22 Mon Apr 2024 1039.35 1026.45 to 1054.10 1.26% 0.34 times
19 Fri Apr 2024 1026.40 1020.15 to 1039.45 -1.48% 1 times
18 Thu Apr 2024 1041.80 1034.20 to 1063.95 -1.72% 1.5 times
16 Tue Apr 2024 1060.00 1040.10 to 1063.95 1.53% 0.56 times
15 Mon Apr 2024 1044.00 1031.00 to 1060.00 -0.74% 0.77 times
12 Fri Apr 2024 1051.80 1031.00 to 1070.00 0.81% 1.29 times
10 Wed Apr 2024 1043.35 1031.55 to 1058.00 -0.35% 1.55 times
09 Tue Apr 2024 1047.00 1035.40 to 1059.95 0.76% 1.25 times
08 Mon Apr 2024 1039.10 1017.40 to 1057.75 2.13% 1.15 times
05 Fri Apr 2024 1017.40 999.30 to 1019.00 1.13% 0.58 times
04 Thu Apr 2024 1006.00 990.10 to 1010.00 1.22% 1.13 times

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