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(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 2024-12-26 View latest technical analysis

10 day averaged volume of Alamo Group is 131202

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	188.29	188.00	188.45	186.07	0.484 times
24 Tue Dec 2024	188.26	185.92	188.52	185.80	0.947 times
23 Mon Dec 2024	186.54	187.67	189.18	184.13	1.098 times
20 Fri Dec 2024	188.34	192.50	194.84	188.34	2.322 times
19 Thu Dec 2024	194.51	199.16	200.05	193.86	0.944 times
18 Wed Dec 2024	197.29	197.60	201.03	193.99	2.005 times
17 Tue Dec 2024	196.51	195.69	196.51	193.72	0.639 times
16 Mon Dec 2024	196.58	192.02	198.44	192.02	0.691 times
13 Fri Dec 2024	193.10	193.35	194.39	191.60	0.441 times
12 Thu Dec 2024	193.35	196.49	196.50	192.84	0.445 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 190.9, but if it comes above 190.9, then a intra day buy could be more profitable.
If you take a sell trade below 190.9, then use 190.9 as stoploss and 185.4 as target. However if you take a buy trade in stock , then use 190.9 as stoploss and 195.43 as target.

Share price targets for Alamo Group (ALG)

Target Type	Value
Downside Target	164.38
Downside Target	174.13
Downside Target	184.13
Upside Target	188.34
Upside Target	197.60
Upside Target	198.05
Upside Target	198.97
Upside Target	201.03
Upside Target	203.14
Upside Target	203.61
Upside Target	205.62

Intraday share price targets for Alamo Group (ALG)

Target Type	Value
Downside Intraday Target	185.22
Downside Intraday Target	182.15
Upside Intraday Target	190.27
Upside Intraday Target	192.25
Downside Intraday Target	187.2

Weekly technical analysis of Alamo Group (ALG)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	188.29	187.67	189.18	184.13	0.383 times
20 Fri Dec 2024	188.34	192.02	201.03	188.34	3.06 times
13 Fri Dec 2024	193.10	197.21	198.97	191.60	162.104 times
05 Thu Dec 2024	198.05	203.01	203.14	198.05	0.015 times
26 Tue Nov 2024	197.75	202.46	203.61	197.60	0.557 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
26 Thu Dec 2024	188.29	203.01	203.14	184.13	0.752 times
26 Tue Nov 2024	197.75	175.22	205.62	174.13	1.12 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

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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.

Alamo Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Alamo Group is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 192.03 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.