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Glenmark Pharmaceuticals Limited

Glenmark Pharmaceuticals Limited (GLENMARK.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Glenmark Pharmaceuticals Limited.

GLENMARK.NSNSE
HealthcareDrug Manufacturers - Specialty & Generic
2179.40
12.50(0.57%)
Indian Market is Open · 09:22
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GLENMARK.NS Technical Analysis Summary

Glenmark Pharmaceuticals Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.41)
Trend Strength:Moderate (ADX: 24.61)
Volatility:Medium (ATR: 66.85)
Support/Resistance:$2068.83 – $2326.71 (Bollinger Bands)

This mix signals that Glenmark Pharmaceuticals Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 45.41

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 62.02

Bullish
Buying momentum building without extremes.

Williams %R: -48.25

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.25

Neutral
Price change is minimal.

Takeaway:Glenmark Pharmaceuticals Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -28.89

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.61

Moderate
Moderate trend, direction gaining strength.

ATR (14): 66.85

Rising
Rising volatility, market activity increasing.

CCI (14): 85.92

Bullish
Bullish, momentum building upward.

Takeaway:Glenmark Pharmaceuticals Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2326.71
Middle Band (SMA 20)
$2197.77
Lower Band
$2068.83
Current Position
Within Bands

Takeaway:Glenmark Pharmaceuticals Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2335.17
Middle Line (EMA 20)
$2201.47
Lower Channel
$2067.78
Squeeze Status
Squeeze On

Takeaway:Glenmark Pharmaceuticals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.49M
Money Flow Index49.23Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.57Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:GLENMARK.NS shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Glenmark Pharmaceuticals Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Glenmark Pharmaceuticals Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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