Score is 49.0, stock is technically neutral. Stocks with score
above 70 are considered as technically Strong and below 35 are considered weak.
The Trendlyne Momentum Score combines over 20 key technical indicators to calculate the stock's technical strength in the market. The momentum score is recalculated at the end of trading day between 5pm and 7pm on most days.
Normalized Momentum Score:
Score is 57.6, stock is technically neutral w.r.t to market. This score implies that
42.4% of the stocks have higher score than Glenmark Pharmaceuticals Ltd.
RSI is mid-range
RSI is 54.6, RSI below 30 is considered oversold and above 70 overbought
MFI is mid-range
MFI is 61.0, MFI below 30 is considered oversold and above 70 overbought
MACD(12, 26, 9)
MACD above Signal and Center
MACD is above its center and signal Line, this is a bullish indicator.