(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 2024-10-31 View latest technical analysis
10 day averaged volume of Alamo Group is 69980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 169.54 | 171.74 | 172.33 | 169.49 | 1.428 times |
| 30 Wed Oct 2024 | 173.09 | 171.74 | 175.48 | 171.00 | 1.572 times |
| 29 Tue Oct 2024 | 173.46 | 172.84 | 173.48 | 172.01 | 0.649 times |
| 28 Mon Oct 2024 | 174.16 | 172.50 | 176.05 | 172.50 | 0.6 times |
| 25 Fri Oct 2024 | 171.78 | 169.43 | 172.34 | 168.36 | 0.912 times |
| 24 Thu Oct 2024 | 168.97 | 169.31 | 170.29 | 167.50 | 1.498 times |
| 23 Wed Oct 2024 | 168.80 | 169.65 | 171.58 | 168.15 | 0.823 times |
| 22 Tue Oct 2024 | 170.59 | 170.63 | 173.48 | 168.79 | 1.169 times |
| 21 Mon Oct 2024 | 171.88 | 177.14 | 177.14 | 171.82 | 0.903 times |
| 18 Fri Oct 2024 | 177.54 | 180.05 | 180.05 | 177.45 | 0.679 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 170.5, but if it comes above 170.5, then a intra day buy could be more profitable.
If you take a sell trade below 170.5, then use 170.5 as stoploss and 165.9 as target. However if you take a buy trade in stock , then use 170.5 as stoploss and 174.35 as target.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Upside Target | 175.35 |
| Upside Target | 177.14 |
| Upside Target | 177.42 |
| Upside Target | 181.29 |
| Upside Target | 184.64 |
| Upside Target | 188.75 |
| Upside Target | 189.54 |
| Upside Target | 193.25 |
| Upside Target | 198.53 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 167.34 |
| Downside Intraday Target | 165.13 |
| Upside Intraday Target | 173.9 |
| Upside Intraday Target | 178.25 |
| Upside Intraday Target | 171.69 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 169.54 | 172.50 | 176.05 | 169.49 | 0.801 times |
| 25 Fri Oct 2024 | 171.78 | 177.14 | 177.14 | 167.50 | 0.896 times |
| 18 Fri Oct 2024 | 177.54 | 176.24 | 184.64 | 175.35 | 0.941 times |
| 11 Fri Oct 2024 | 177.01 | 174.50 | 177.42 | 169.87 | 1.44 times |
| 04 Fri Oct 2024 | 175.76 | 179.17 | 181.29 | 171.48 | 0.76 times |
Price has moved down 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 |
| 31 Thu Oct 2024 | 169.54 | 178.87 | 184.64 | 167.50 | 1.22 times |
| 30 Mon Sep 2024 | 180.13 | 183.01 | 189.54 | 168.05 | 0.819 times |
| 30 Fri Aug 2024 | 185.40 | 185.00 | 188.75 | 164.38 | 0.92 times |
| 31 Wed Jul 2024 | 192.72 | 173.13 | 198.53 | 163.74 | 1.095 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short 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.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Alamo Group in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Alamo Group in short term and SELL signal is strong!
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 171.52 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a short 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.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Alamo Group in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Alamo Group in short term and SELL signal is strong!
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 171.52 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.