(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.