(ALG) Alamo Group complete technical analysis [charts+indicators] | Buy/Sell Alamo Group | (ALG) share price targets
Complete technical analysis of Alamo Group (ALG) by charts plus indicators, forecast predictions and share price targets for Alamo Group (ALG)
Alamo Group trades in USA in Capital Goods sector.
Showing technical analysis as on 2024-04-15 View latest technical analysis
10 day averaged volume of Alamo Group is 61780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 215.15 | 215.51 | 220.61 | 212.51 | 1.125 times |
| 12 Fri Apr 2024 | 213.89 | 217.48 | 217.48 | 211.62 | 0.787 times |
| 11 Thu Apr 2024 | 219.89 | 216.85 | 219.89 | 214.69 | 0.829 times |
| 10 Wed Apr 2024 | 215.09 | 217.38 | 218.44 | 213.73 | 0.903 times |
| 09 Tue Apr 2024 | 222.78 | 220.45 | 222.88 | 219.09 | 0.694 times |
| 08 Mon Apr 2024 | 220.34 | 219.98 | 220.66 | 218.59 | 0.801 times |
| 05 Fri Apr 2024 | 218.60 | 215.94 | 219.12 | 215.94 | 0.536 times |
| 04 Thu Apr 2024 | 216.39 | 222.74 | 224.02 | 215.61 | 1.373 times |
| 03 Wed Apr 2024 | 219.89 | 213.53 | 220.97 | 213.53 | 1.449 times |
| 02 Tue Apr 2024 | 215.21 | 212.46 | 215.78 | 211.51 | 1.353 times |
My analysis of stock is bearish for shortterm, and stock might move down till 209.9 or till 202.3. Use a stoploss of 216.23 and if the stock hits stoploss, then it can shoot up till 222.55
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 182.30 |
| Downside Target | 188.36 |
| Downside Target | 196.38 |
| Downside Target | 211.51 |
| Upside Target | 217.68 |
| Upside Target | 220.61 |
| Upside Target | 222.88 |
| Upside Target | 227.22 |
| Upside Target | 228.88 |
| Upside Target | 231.40 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 211.57 |
| Downside Intraday Target | 207.99 |
| Upside Intraday Target | 219.67 |
| Upside Intraday Target | 224.19 |
| Upside Intraday Target | 216.09 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 215.15 | 215.51 | 220.61 | 212.51 | 0.28 times |
| 12 Fri Apr 2024 | 213.89 | 219.98 | 222.88 | 211.62 | 0.671 times |
| 05 Fri Apr 2024 | 218.60 | 227.22 | 227.22 | 211.51 | 1.081 times |
| 28 Thu Mar 2024 | 228.33 | 215.53 | 228.88 | 215.53 | 1.225 times |
| 22 Fri Mar 2024 | 214.35 | 205.10 | 215.73 | 201.82 | 0.778 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Alamo Group (ALG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 215.15 | 227.22 | 227.22 | 211.51 | 0.5 times |
| 28 Thu Mar 2024 | 228.33 | 203.58 | 228.88 | 200.12 | 0.873 times |
| 29 Thu Feb 2024 | 202.29 | 213.83 | 231.40 | 188.36 | 1.048 times |
| 31 Wed Jan 2024 | 212.28 | 208.00 | 217.68 | 196.38 | 1.359 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Alamo Group (ALG)
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.
Alamo Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Alamo Group is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 217.47 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Alamo Group (ALG) stock. Volume based technical analysis of Alamo Group (ALG) stock is negative.
Alamo Group Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.
Alamo Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Alamo Group is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 217.47 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Alamo Group (ALG) stock. Volume based technical analysis of Alamo Group (ALG) stock is negative.
Alamo Group Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.