(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 2024-01-23 View latest technical analysis
10 day averaged volume of Alamo Group is 78660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 209.61 | 211.44 | 213.80 | 208.65 | 0.585 times |
| 22 Mon Jan 2024 | 209.11 | 207.00 | 209.92 | 207.00 | 0.807 times |
| 19 Fri Jan 2024 | 205.14 | 203.45 | 205.14 | 200.36 | 0.964 times |
| 18 Thu Jan 2024 | 202.55 | 201.04 | 202.69 | 200.15 | 0.957 times |
| 17 Wed Jan 2024 | 199.44 | 200.90 | 201.98 | 198.21 | 0.812 times |
| 16 Tue Jan 2024 | 203.64 | 202.57 | 203.64 | 201.04 | 1.745 times |
| 12 Fri Jan 2024 | 203.07 | 202.28 | 203.37 | 201.74 | 1.092 times |
| 12 Fri Jan 2024 | 203.07 | 202.28 | 203.37 | 201.74 | 1.092 times |
| 11 Thu Jan 2024 | 200.47 | 199.88 | 200.55 | 196.78 | 1.279 times |
| 10 Wed Jan 2024 | 199.82 | 199.10 | 200.26 | 197.57 | 0.67 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 208.9, but if it comes below 208.9, then a intra day sell could be more profitable.
If you take a sell trade below 208.9, then use 208.9 as stoploss and 204.5 as target. However if you take a buy trade in stock , then use 208.9 as stoploss and 214.3 as target.
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 | 205.14 |
| Downside Target | 207.00 |
| Downside Target | 209.53 |
| Upside Target | 213.80 |
| Upside Target | 216.34 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 206.47 |
| Downside Intraday Target | 203.34 |
| Upside Intraday Target | 213.27 |
| Upside Intraday Target | 216.94 |
| Upside Intraday Target | 210.14 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 209.61 | 207.00 | 213.80 | 207.00 | 0.311 times |
| 19 Fri Jan 2024 | 205.14 | 202.57 | 205.14 | 198.21 | 4.101 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 |
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 |
| 23 Tue Jan 2024 | 209.61 | 208.00 | 213.80 | 196.38 | 1.078 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Alamo Group 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.
Alamo Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 positive zone. This is a BUY 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 203.34 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Alamo Group 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.
Alamo Group Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 positive zone. This is a BUY 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 203.34 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.