An engaging overview of the latest fintech and digital banking trends —...
Technicals for Gland Pharma Limited
By MusingTheNews
2026-02-02 20:34
Overall Technical outlook
Price Summary
In today's trading session, GLAND's shares skyrocketed by 4.5%, marking a robust day. Gland Pharma Limited's stock opened at 1815.8 on 2026-02-02, surged to a high of 1922.0, hit a low of 1798.6, and closed up 4.5% at 1897.5, with 258854 shares traded. The highest price the stock achieved in the past 52 weeks is 2102.1, while the lowest price it saw is 1392.8. 12 analysts forecast that the price of GLAND will range from 1555.0 to 2360.0, with an average expected price near 1935.75.
Technicals
Support and Resistance: At 1897.5, the price for GLAND is supported at 1769.8 and resisted at 1957.5. This indicates a trading range where 1769.8 serves as a support level, potentially preventing further decline, while 1957.5 could limit upward movement. Support/Resistance for GLAND
Aroon: The continuation of Aroon's bullish trend, with Aroon Up remaining at 100, signals strong momentum. However, to fully assess the trend's future potential, it should be analyzed in conjunction with other technical indicators. Aroon chart for Gland Pharma Limited
Bol. Bands: In the latest price action, the current price has surpassed the upper Bollinger Band, indicating a bullish breakout. This upward movement suggests that the market is experiencing strong buying pressure, driving the price higher. Such a move is often seen as a sign of increasing momentum, potentially leading to continued upward movement. Bolinger Bands chart for Gland Pharma Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Gland Pharma Limited
Stochastic: The stochastic indicator for GLAND shows a bullish signal, with the K-line positioned above the D-line and also above the 80 mark. This suggests strong upward momentum, indicating that the market may continue to trend higher. Traders might view this as a sign of continued strength and potential buying opportunities. Stochastic chart for Gland Pharma Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Gland Pharma Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An investor-focused analysis of how 2025 tariffs are reaching consumers in 2026,...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.