(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 2024-05-24 View latest technical analysis
10 day averaged volume of Alamo Group is 51934
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 192.13 | 191.74 | 192.41 | 188.49 | 0.997 times |
| 23 Thu May 2024 | 190.77 | 194.17 | 194.17 | 189.75 | 1.814 times |
| 22 Wed May 2024 | 193.78 | 194.19 | 196.21 | 192.90 | 1.069 times |
| 21 Tue May 2024 | 194.26 | 193.66 | 195.45 | 193.66 | 1.138 times |
| 20 Mon May 2024 | 195.18 | 193.93 | 196.30 | 193.93 | 0.473 times |
| 17 Fri May 2024 | 194.24 | 196.84 | 196.84 | 193.76 | 0.925 times |
| 16 Thu May 2024 | 196.02 | 199.22 | 199.82 | 195.59 | 1.005 times |
| 15 Wed May 2024 | 200.72 | 200.05 | 201.54 | 198.87 | 0.96 times |
| 14 Tue May 2024 | 198.70 | 199.23 | 199.50 | 197.32 | 0.913 times |
| 13 Mon May 2024 | 196.57 | 199.48 | 199.48 | 196.56 | 1.084 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 192.9, but if it comes above 192.9, then a intra day buy could be more profitable.
If you take a sell trade below 192.9, then use 192.9 as stoploss and 189.8 as target. However if you take a buy trade in stock , then use 192.9 as stoploss and 195.37 as target.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 177.22 |
| Downside Target | 188.36 |
| Upside Target | 193.12 |
| Upside Target | 201.54 |
| Upside Target | 202.51 |
| Upside Target | 208.66 |
| Upside Target | 217.68 |
| Upside Target | 227.22 |
| Upside Target | 228.88 |
| Upside Target | 231.40 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 188.31 |
| Downside Intraday Target | 184.5 |
| Upside Intraday Target | 196.12 |
| Upside Intraday Target | 200.12 |
| Upside Intraday Target | 192.31 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 192.13 | 193.93 | 196.30 | 188.49 | 1.124 times |
| 17 Fri May 2024 | 194.24 | 199.48 | 201.54 | 193.76 | 1.001 times |
| 10 Fri May 2024 | 198.43 | 194.88 | 199.49 | 193.12 | 0.461 times |
| 03 Fri May 2024 | 193.97 | 199.52 | 202.51 | 177.22 | 1.542 times |
| 26 Fri Apr 2024 | 198.52 | 204.47 | 208.66 | 196.83 | 1.082 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 |
| 24 Fri May 2024 | 192.13 | 195.93 | 201.54 | 177.22 | 0.729 times |
| 30 Tue Apr 2024 | 194.38 | 227.22 | 227.22 | 193.89 | 1.113 times |
| 28 Thu Mar 2024 | 228.33 | 203.58 | 228.88 | 200.12 | 0.873 times |
| 29 Thu Feb 2024 | 202.29 | 213.83 | 231.40 | 188.36 | 1.048 times |
Scroll below to view daily charts
Price has moved down 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Alamo Group stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term and the sell signal is strong.
Alamo Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Alamo Group in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 194.84 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Alamo Group stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term and the sell signal is strong.
Alamo Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Alamo Group in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 194.84 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.