(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 2024-01-31 View latest technical analysis
10 day averaged volume of Alamo Group is 57220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 212.28 | 216.40 | 216.65 | 210.97 | 1.11 times |
| 30 Tue Jan 2024 | 216.00 | 215.41 | 217.48 | 214.91 | 0.935 times |
| 29 Mon Jan 2024 | 216.97 | 213.42 | 217.68 | 212.01 | 0.942 times |
| 26 Fri Jan 2024 | 213.00 | 213.76 | 214.23 | 211.41 | 0.692 times |
| 25 Thu Jan 2024 | 212.34 | 212.39 | 215.60 | 209.59 | 0.813 times |
| 24 Wed Jan 2024 | 209.26 | 212.41 | 212.41 | 208.23 | 0.947 times |
| 23 Tue Jan 2024 | 209.61 | 211.44 | 213.80 | 208.65 | 0.804 times |
| 22 Mon Jan 2024 | 209.11 | 207.00 | 209.92 | 207.00 | 1.11 times |
| 19 Fri Jan 2024 | 205.14 | 203.45 | 205.14 | 200.36 | 1.325 times |
| 18 Thu Jan 2024 | 202.55 | 201.04 | 202.69 | 200.15 | 1.316 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 211.6, but if it comes below 211.6, then a intra day sell could be more profitable.
If you take a sell trade below 211.6, then use 211.6 as stoploss and 205.86 as target. However if you take a buy trade in stock , then use 211.6 as stoploss and 218.5 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 | 205.14 |
| Downside Target | 207.00 |
| Downside Target | 210.97 |
| Upside Target | 215.60 |
| Upside Target | 216.34 |
| Upside Target | 217.68 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 209.61 |
| Downside Intraday Target | 206.93 |
| Upside Intraday Target | 216.32 |
| Upside Intraday Target | 220.35 |
| Upside Intraday Target | 213.64 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 212.28 | 213.42 | 217.68 | 210.97 | 0.684 times |
| 26 Fri Jan 2024 | 213.00 | 207.00 | 215.60 | 207.00 | 0.709 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 |
Price has moved down 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 |
| 31 Wed Jan 2024 | 212.28 | 208.00 | 217.68 | 196.38 | 1.359 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 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 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 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 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 losing momentum.
MACD generated a BUY signal for Alamo Group in short term and the buy signal is strong.
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 coming down
CCI has generated a SELL signal for Alamo Group in short term but SELL signal is weak.
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 210.04 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 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 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 losing momentum.
MACD generated a BUY signal for Alamo Group in short term and the buy signal is strong.
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 coming down
CCI has generated a SELL signal for Alamo Group in short term but SELL signal is weak.
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 210.04 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.