(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 2024-11-07 View latest technical analysis
10 day averaged volume of Alamo Group is 108240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 197.43 | 197.17 | 198.74 | 193.80 | 0.907 times |
| 06 Wed Nov 2024 | 196.89 | 197.31 | 200.09 | 194.93 | 1.128 times |
| 05 Tue Nov 2024 | 186.80 | 182.53 | 187.63 | 182.47 | 1.131 times |
| 04 Mon Nov 2024 | 183.27 | 187.54 | 188.34 | 182.42 | 0.992 times |
| 01 Fri Nov 2024 | 187.48 | 175.22 | 190.53 | 174.13 | 2.445 times |
| 31 Thu Oct 2024 | 169.54 | 171.74 | 172.33 | 169.49 | 0.923 times |
| 30 Wed Oct 2024 | 173.09 | 171.74 | 175.48 | 171.00 | 1.016 times |
| 29 Tue Oct 2024 | 173.46 | 172.84 | 173.48 | 172.01 | 0.419 times |
| 28 Mon Oct 2024 | 174.16 | 172.50 | 176.05 | 172.50 | 0.388 times |
| 25 Fri Oct 2024 | 171.78 | 169.43 | 172.34 | 168.36 | 0.589 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 196.8, for a target of 186.8 or 178.52
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Downside Target | 174.13 |
| Downside Target | 182.42 |
| Downside Target | 184.64 |
| Downside Target | 188.75 |
| Downside Target | 189.54 |
| Downside Target | 190.53 |
| Upside Target | 198.53 |
| Upside Target | 200.09 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 186.54 |
| Downside Intraday Target | 175.64 |
| Upside Intraday Target | 204.21 |
| Upside Intraday Target | 210.98 |
| Downside Intraday Target | 193.31 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 197.43 | 187.54 | 200.09 | 182.42 | 0.801 times |
| 01 Fri Nov 2024 | 187.48 | 172.50 | 190.53 | 169.49 | 1.514 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 |
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 |
| 07 Thu Nov 2024 | 197.43 | 175.22 | 200.09 | 174.13 | 0.406 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Alamo Group in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alamo Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Alamo Group in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 183.78 and Alamo Group (ALG) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Alamo Group in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alamo Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Alamo Group in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 183.78 and Alamo Group (ALG) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.