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(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 2024-03-20 View latest technical analysis

10 day averaged volume of Alamo Group is 67540

Date Daily Closing Price Open High Low Volume
20 Wed Mar 2024 207.98 204.54 209.69 204.14 0.657 times
19 Tue Mar 2024 203.90 202.12 205.05 202.12 0.441 times
18 Mon Mar 2024 202.12 205.10 207.25 201.82 0.878 times
15 Fri Mar 2024 205.02 203.38 206.79 203.38 1.747 times
14 Thu Mar 2024 204.17 205.32 205.32 201.85 1.17 times
13 Wed Mar 2024 206.15 201.43 207.48 201.43 0.866 times
12 Tue Mar 2024 201.84 202.90 202.90 200.66 0.625 times
11 Mon Mar 2024 202.41 203.79 203.79 201.01 0.912 times
08 Fri Mar 2024 203.27 208.09 209.72 202.93 1.491 times
07 Thu Mar 2024 206.26 203.64 207.57 203.64 0.949 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 207, but if it comes below 207, then a intra day sell could be more profitable.
If you take a sell trade below 207, then use 207 as stoploss and 204 as target. However if you take a buy trade in stock , then use 207 as stoploss and 210.6 as target.

Share price targets for Alamo Group (ALG)

Target Type Value
Downside Target 158.16
Downside Target 182.30
Downside Target 188.36
Downside Target 196.38
Downside Target 205.95
Upside Target 209.69
Upside Target 209.72
Upside Target 216.34
Upside Target 217.16
Upside Target 217.68
Upside Target 231.40

Intraday share price targets for Alamo Group (ALG)

Target Type Value
Downside Intraday Target 203.3
Downside Intraday Target 198.63
Upside Intraday Target 211.17
Upside Intraday Target 214.37
Downside Intraday Target 206.5

Weekly technical analysis of Alamo Group (ALG)

Date Weekly Closing Price Open High Low Volume
20 Wed Mar 2024 207.98 205.10 209.69 201.82 0.372 times
15 Fri Mar 2024 205.02 203.79 207.48 200.66 1.1 times
08 Fri Mar 2024 203.27 204.44 209.72 200.12 0.744 times
01 Fri Mar 2024 202.68 202.49 205.95 198.33 1.279 times
23 Fri Feb 2024 203.55 214.45 217.16 188.36 0.706 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
20 Wed Mar 2024 207.98 203.58 209.72 200.12 0.563 times
29 Thu Feb 2024 202.29 213.83 231.40 188.36 1.048 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

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 neutral. A longer time frame might give a better analysis.

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 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 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 but the buy 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 204.31 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 negative.

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 neutral. A longer time frame might give a better analysis.

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 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 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 but the buy 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 204.31 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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