(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 2024-02-02 View latest technical analysis
10 day averaged volume of Alamo Group is 55850
Date | Daily Closing Price | Open | High | Low | Volume |
02 Fri Feb 2024 | 217.75 | 213.17 | 218.36 | 212.20 | 0.763 times |
01 Thu Feb 2024 | 215.62 | 213.83 | 215.71 | 209.14 | 1.11 times |
31 Wed Jan 2024 | 212.28 | 216.40 | 216.65 | 210.97 | 1.137 times |
30 Tue Jan 2024 | 216.00 | 215.41 | 217.48 | 214.91 | 0.958 times |
29 Mon Jan 2024 | 216.97 | 213.42 | 217.68 | 212.01 | 0.965 times |
26 Fri Jan 2024 | 213.00 | 213.76 | 214.23 | 211.41 | 0.709 times |
25 Thu Jan 2024 | 212.34 | 212.39 | 215.60 | 209.59 | 0.833 times |
24 Wed Jan 2024 | 209.26 | 212.41 | 212.41 | 208.23 | 0.97 times |
23 Tue Jan 2024 | 209.61 | 211.44 | 213.80 | 208.65 | 0.824 times |
22 Mon Jan 2024 | 209.11 | 207.00 | 209.92 | 207.00 | 1.137 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 213.8, but if it comes below 213.8, then a intra day sell could be more profitable.
If you take a sell trade below 213.8, then use 213.8 as stoploss and 207.45 as target. However if you take a buy trade in stock , then use 213.8 as stoploss and 221.3 as target.
Share price targets for Alamo Group (ALG)
Target Type | Value |
Downside Target | 157.74 |
Downside Target | 178.89 |
Downside Target | 191.91 |
Downside Target | 196.38 |
Downside Target | 207.00 |
Downside Target | 209.14 |
Downside Target | 215.60 |
Downside Target | 216.34 |
Downside Target | 217.68 |
Upside Target | 218.36 |
Intraday share price targets for Alamo Group (ALG)
Target Type | Value |
Downside Intraday Target | 211.81 |
Downside Intraday Target | 205.86 |
Upside Intraday Target | 221.03 |
Upside Intraday Target | 224.3 |
Downside Intraday Target | 215.08 |
Weekly technical analysis of Alamo Group (ALG)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Fri Feb 2024 | 217.75 | 213.42 | 218.36 | 209.14 | 1.103 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 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 |
02 Fri Feb 2024 | 217.75 | 213.83 | 218.36 | 209.14 | 0.07 times |
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 |
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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
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 213.11 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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
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 213.11 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.