(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.
10 day averaged volume of Alamo Group is 93490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 194.07 | 193.28 | 195.41 | 193.22 | 0.62 times |
| 06 Mon May 2024 | 193.25 | 194.88 | 195.51 | 193.12 | 1.009 times |
| 03 Fri May 2024 | 193.97 | 190.00 | 195.50 | 177.22 | 1.224 times |
| 02 Thu May 2024 | 195.24 | 195.69 | 196.07 | 192.69 | 1.303 times |
| 01 Wed May 2024 | 193.93 | 195.93 | 197.59 | 193.53 | 0.943 times |
| 30 Tue Apr 2024 | 194.38 | 199.28 | 201.15 | 193.89 | 1.592 times |
| 29 Mon Apr 2024 | 199.50 | 199.52 | 202.51 | 198.57 | 0.829 times |
| 26 Fri Apr 2024 | 198.52 | 199.64 | 201.20 | 197.90 | 0.547 times |
| 25 Thu Apr 2024 | 199.63 | 202.06 | 202.06 | 196.83 | 1.251 times |
| 24 Wed Apr 2024 | 204.20 | 204.12 | 205.92 | 200.95 | 0.619 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 195.2, but if it comes above 195.2, then a intra day buy could be more profitable.
If you take a sell trade below 195.2, then use 195.2 as stoploss and 185.4 as target. However if you take a buy trade in stock , then use 195.2 as stoploss and 203.34 as target.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 177.22 |
| Downside Target | 188.36 |
| Downside Target | 193.12 |
| Upside Target | 208.66 |
| Upside Target | 211.62 |
| 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 | 192.96 |
| Downside Intraday Target | 191.84 |
| Upside Intraday Target | 195.35 |
| Upside Intraday Target | 196.62 |
| Upside Intraday Target | 194.23 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 194.07 | 194.88 | 195.51 | 193.12 | 0.277 times |
| 03 Fri May 2024 | 193.97 | 199.52 | 202.51 | 177.22 | 1.542 times |
| 26 Fri Apr 2024 | 198.52 | 204.47 | 208.66 | 196.83 | 1.082 times |
| 19 Fri Apr 2024 | 202.34 | 215.51 | 220.61 | 202.12 | 1.331 times |
| 12 Fri Apr 2024 | 213.89 | 219.98 | 222.88 | 211.62 | 0.671 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 Tue May 2024 | 194.07 | 195.93 | 197.59 | 177.22 | 0.311 times |
| 30 Tue Apr 2024 | 194.38 | 227.22 | 227.22 | 193.89 | 1.113 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 |
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 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 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 SELL. Signal strength is Strong 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 196.19 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 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 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 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 SELL. Signal strength is Strong 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 196.19 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.