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(Alkem) Alkem complete technical analysis [charts+indicators] | Buy/Sell Alkem | (Alkem) share price targets

Complete technical analysis of Alkem (Alkem) by charts plus indicators, forecast predictions and share price targets for Alkem (Alkem)

10 day averaged volume of Alkem is 17714

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 5168.50 5125.00 5181.80 5049.15 0.414 times
07 Tue May 2024 5115.25 5149.70 5208.55 4992.30 0.177 times
06 Mon May 2024 5148.30 4920.65 5157.20 4883.50 0.366 times
03 Fri May 2024 4899.45 4879.00 4930.00 4767.70 0.082 times
02 Thu May 2024 4786.60 4844.50 4844.50 4745.00 0.646 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 5176.7, for a target of 4992.7 or 4839.4

Share price targets for Alkem (Alkem)

Target Type Value
Downside Target 4569.15
Downside Target 4883.50
Downside Target 4915.70
Downside Target 4935.00
Downside Target 5021.85
Downside Target 5094.00
Upside Target 5208.55
Upside Target 5226.20
Upside Target 5315.05
Upside Target 5519.10

Intraday share price targets for Alkem (Alkem)

Target Type Value
Downside Intraday Target 4965.15
Downside Intraday Target 4761.8
Upside Intraday Target 5290.2
Upside Intraday Target 5411.9
Downside Intraday Target 5086.85

Weekly technical analysis of Alkem (Alkem)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 5168.50 4920.65 5208.55 4883.50 0.948 times
03 Fri May 2024 4899.45 4949.55 5021.85 4745.00 0.122 times
26 Fri Apr 2024 4901.50 4610.50 4935.00 4610.50 15.792 times
19 Fri Apr 2024 4608.60 4750.00 4771.00 4569.15 0.6 times
12 Fri Apr 2024 4732.75 4905.05 4915.70 4710.00 1.291 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 Alkem (Alkem)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 5168.50 4844.50 5208.55 4745.00 0.159 times
30 Tue Apr 2024 4831.45 5034.95 5094.00 4569.15 3.547 times
28 Thu Mar 2024 4940.20 5220.25 5226.20 4699.65 0.331 times
29 Thu Feb 2024 5122.75 5000.25 5519.10 4652.95 0.313 times

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 Alkem (Alkem)

Indicator Name Indicator Value Indicator Signal
ADX 35, 13, 48 Buy
MACD 49, -25Buy
Stochastics 91Buy
CCI 130Buy
RSI 65Buy
OBV 125583Sell
VWAP 4916Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Alkem ( (Alkem) ) 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 Alkem ( (Alkem) ) 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 Alkem ( (Alkem) ) 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 Alkem ( (Alkem) ) 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 Alkem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Alkem 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.

Alkem 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Alkem in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Alkem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4915.99 and Alkem (Alkem) 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 Alkem (Alkem) stock. Volume based technical analysis of Alkem (Alkem) stock is negative.

Alkem 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.

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