(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 2024-01-16 View latest technical analysis
10 day averaged volume of Alamo Group is 73060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 203.64 | 202.57 | 203.64 | 201.04 | 1.879 times |
| 12 Fri Jan 2024 | 203.07 | 202.28 | 203.37 | 201.74 | 1.176 times |
| 12 Fri Jan 2024 | 203.07 | 202.28 | 203.37 | 201.74 | 1.176 times |
| 11 Thu Jan 2024 | 200.47 | 199.88 | 200.55 | 196.78 | 1.377 times |
| 10 Wed Jan 2024 | 199.82 | 199.10 | 200.26 | 197.57 | 0.721 times |
| 09 Tue Jan 2024 | 198.47 | 198.17 | 199.21 | 196.38 | 0.626 times |
| 08 Mon Jan 2024 | 201.29 | 201.38 | 201.81 | 199.26 | 0.688 times |
| 05 Fri Jan 2024 | 200.38 | 199.66 | 201.42 | 198.90 | 1.035 times |
| 04 Thu Jan 2024 | 201.29 | 202.64 | 202.87 | 200.42 | 1.415 times |
| 03 Wed Jan 2024 | 201.63 | 205.05 | 205.05 | 201.05 | 0.996 times |
My analysis of stock is bearish for shortterm, and stock might move down till 200.8 or till 195.1. Use a stoploss of 205.48 and if the stock hits stoploss, then it can shoot up till 210.18
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 157.74 |
| Downside Target | 166.90 |
| Downside Target | 178.89 |
| Downside Target | 191.91 |
| Downside Target | 196.38 |
| Downside Target | 203.37 |
| Downside Target | 203.64 |
| Upside Target | 208.70 |
| Upside Target | 209.53 |
| Upside Target | 211.88 |
| Upside Target | 216.34 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 201.91 |
| Downside Intraday Target | 200.17 |
| Upside Intraday Target | 204.51 |
| Upside Intraday Target | 205.37 |
| Downside Intraday Target | 202.77 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 203.64 | 202.57 | 203.64 | 201.04 | 1.598 times |
| 12 Fri Jan 2024 | 203.07 | 202.28 | 203.37 | 201.74 | 0.256 times |
| 12 Fri Jan 2024 | 203.07 | 201.38 | 203.37 | 196.38 | 1.083 times |
| 05 Fri Jan 2024 | 200.38 | 208.00 | 209.53 | 198.90 | 8.621 times |
| 29 Fri Dec 2023 | 210.19 | 211.00 | 211.88 | 208.70 | 0.226 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Alamo Group (ALG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 203.64 | 208.00 | 209.53 | 196.38 | 0.784 times |
| 29 Fri Dec 2023 | 210.19 | 183.49 | 216.34 | 182.30 | 0.959 times |
| 30 Thu Nov 2023 | 183.70 | 160.15 | 191.91 | 158.16 | 1.122 times |
| 31 Tue Oct 2023 | 160.30 | 172.93 | 178.89 | 157.74 | 1.106 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group 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 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 201.65 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 has given negative 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.
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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group 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 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 201.65 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 has given negative 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.