(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 2024-02-15 View latest technical analysis
10 day averaged volume of Alamo Group is 71010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Feb 2024 | 221.20 | 218.52 | 222.00 | 217.62 | 0.846 times |
| 14 Wed Feb 2024 | 217.74 | 215.99 | 218.74 | 210.01 | 0.906 times |
| 13 Tue Feb 2024 | 212.25 | 218.72 | 218.72 | 210.29 | 1.611 times |
| 12 Mon Feb 2024 | 225.21 | 218.40 | 231.40 | 218.40 | 2.188 times |
| 09 Fri Feb 2024 | 218.35 | 215.80 | 219.03 | 214.63 | 0.852 times |
| 08 Thu Feb 2024 | 216.01 | 216.41 | 217.69 | 214.30 | 0.949 times |
| 07 Wed Feb 2024 | 215.83 | 213.88 | 215.83 | 212.30 | 0.88 times |
| 06 Tue Feb 2024 | 214.00 | 214.99 | 216.36 | 213.56 | 0.6 times |
| 05 Mon Feb 2024 | 214.07 | 215.05 | 215.85 | 212.30 | 0.541 times |
| 02 Fri Feb 2024 | 217.75 | 213.17 | 218.36 | 212.20 | 0.6 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 219, but if it comes below 219, then a intra day sell could be more profitable.
If you take a sell trade below 219, then use 219 as stoploss and 214.59 as target. However if you take a buy trade in stock , then use 219 as stoploss and 224.4 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 | 205.14 |
| Downside Target | 215.60 |
| Downside Target | 216.34 |
| Downside Target | 217.68 |
| Downside Target | 218.36 |
| Downside Target | 219.03 |
| Upside Target | 231.40 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 210.34 |
| Downside Intraday Target | 199.48 |
| Upside Intraday Target | 231.73 |
| Upside Intraday Target | 242.26 |
| Downside Intraday Target | 220.87 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Feb 2024 | 221.20 | 218.40 | 231.40 | 210.01 | 1.452 times |
| 09 Fri Feb 2024 | 218.35 | 215.05 | 219.03 | 212.30 | 0.985 times |
| 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 |
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 |
| 15 Thu Feb 2024 | 221.20 | 213.83 | 231.40 | 209.14 | 0.512 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 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 short 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 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 SELL signal for Alamo Group in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears 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 SELL signal in short term but selling 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 218.08 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 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 short 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 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 SELL signal for Alamo Group in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears 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 SELL signal in short term but selling 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 218.08 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.