(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 2024-01-18 View latest technical analysis
10 day averaged volume of Alamo Group is 80130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 202.55 | 201.04 | 202.69 | 200.15 | 0.94 times |
| 17 Wed Jan 2024 | 199.44 | 200.90 | 201.98 | 198.21 | 0.797 times |
| 16 Tue Jan 2024 | 203.64 | 202.57 | 203.64 | 201.04 | 1.713 times |
| 12 Fri Jan 2024 | 203.07 | 202.28 | 203.37 | 201.74 | 1.072 times |
| 12 Fri Jan 2024 | 203.07 | 202.28 | 203.37 | 201.74 | 1.072 times |
| 11 Thu Jan 2024 | 200.47 | 199.88 | 200.55 | 196.78 | 1.255 times |
| 10 Wed Jan 2024 | 199.82 | 199.10 | 200.26 | 197.57 | 0.658 times |
| 09 Tue Jan 2024 | 198.47 | 198.17 | 199.21 | 196.38 | 0.57 times |
| 08 Mon Jan 2024 | 201.29 | 201.38 | 201.81 | 199.26 | 0.628 times |
| 05 Fri Jan 2024 | 200.38 | 199.66 | 201.42 | 198.90 | 0.943 times |
My analysis of stock is bearish for shortterm, and stock might move down till 200 or till 194.2. Use a stoploss of 204.94 and if the stock hits stoploss, then it can shoot up till 209.84
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 |
| Upside Target | 203.37 |
| Upside 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 | 199.29 |
| Downside Intraday Target | 196.04 |
| Upside Intraday Target | 204.72 |
| Upside Intraday Target | 206.9 |
| Downside Intraday Target | 201.47 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 202.55 | 202.57 | 203.64 | 198.21 | 3.219 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 down 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 |
| 18 Thu Jan 2024 | 202.55 | 208.00 | 209.53 | 196.38 | 0.91 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 201.61 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 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.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 201.61 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 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.