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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 3853

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 5316.90 5234.10 5325.00 5150.95 1.065 times
15 Wed May 2024 5244.80 5219.95 5302.00 5192.15 1.112 times
14 Tue May 2024 5183.55 5239.00 5257.85 5089.20 0.562 times
13 Mon May 2024 5209.35 5165.40 5239.00 5098.20 0.511 times
10 Fri May 2024 5125.60 5063.95 5153.35 5048.15 1.457 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5173.5, but if it comes below 5173.5, then a intra day sell could be more profitable.
If you take a sell trade below 5173.5, then use 5173.5 as stoploss and 4958.47 as target. However if you take a buy trade in stock , then use 5173.5 as stoploss and 5431.6 as target.

Share price targets for Alkem (Alkem)

Target Type Value
Downside Target 4569.15
Downside Target 4883.50
Downside Target 5021.85
Downside Target 5089.20
Downside Target 5094.00
Downside Target 5208.55
Downside Target 5226.20
Downside Target 5315.05
Upside Target 5325.00
Upside Target 5519.10

Intraday share price targets for Alkem (Alkem)

Target Type Value
Downside Intraday Target 5162.4
Downside Intraday Target 5007.9
Upside Intraday Target 5398.2
Upside Intraday Target 5479.5
Downside Intraday Target 5243.7

Weekly technical analysis of Alkem (Alkem)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 5316.90 5165.40 5325.00 5089.20 0.51 times
10 Fri May 2024 5125.60 4920.65 5208.55 4883.50 1.374 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

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
16 Thu May 2024 5316.90 4844.50 5325.00 4745.00 0.266 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 27, 10, 46 Buy
MACD 151, 93Buy
Stochastics 91Buy
CCI 122Buy
RSI 62Buy
OBV 146860Sell
VWAP 5166Buy
ADL 0Sell
ROC 11Buy
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 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 Alkem stock for short term is BUY. Signal strength is Strong and stock is losing 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 negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5166.38 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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