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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 2024-06-25 View latest technical analysis

10 day averaged volume of Alamo Group is 102430

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	171.28	174.77	175.00	171.22	0.432 times
24 Mon Jun 2024	175.71	176.10	177.90	174.42	0.736 times
21 Fri Jun 2024	174.93	174.49	175.60	173.19	1.9 times
20 Thu Jun 2024	175.39	174.72	178.30	173.62	0.56 times
18 Tue Jun 2024	175.74	177.36	179.59	175.18	0.547 times
18 Tue Jun 2024	175.74	177.36	179.59	175.18	0.547 times
17 Mon Jun 2024	177.61	174.58	178.20	174.58	0.743 times
14 Fri Jun 2024	175.05	175.13	175.13	170.88	1.222 times
13 Thu Jun 2024	177.65	180.85	180.95	176.91	0.93 times
12 Wed Jun 2024	181.72	184.38	187.62	180.07	1.447 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 175.4, but if it comes above 175.4, then a intra day buy could be more profitable.
If you take a sell trade below 175.4, then use 175.4 as stoploss and 168.4 as target. However if you take a buy trade in stock , then use 175.4 as stoploss and 181.13 as target.

Share price targets for Alamo Group (ALG)

Target Type	Value
Downside Target	170.88
Upside Target	184.65
Upside Target	188.36
Upside Target	193.25
Upside Target	193.89
Upside Target	200.12
Upside Target	201.54
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	169.03
Downside Intraday Target	166.79
Upside Intraday Target	175.71
Upside Intraday Target	180.15
Upside Intraday Target	173.47

Weekly technical analysis of Alamo Group (ALG)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	171.28	176.10	177.90	171.22	0.388 times
21 Fri Jun 2024	174.93	177.36	179.59	173.19	2.332 times
18 Tue Jun 2024	175.74	174.58	179.59	174.58	0.219 times
14 Fri Jun 2024	175.05	183.03	187.62	170.88	2.694 times
07 Fri Jun 2024	184.99	192.34	193.25	184.65	1.174 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
25 Tue Jun 2024	171.28	192.34	193.25	170.88	1.059 times
31 Fri May 2024	189.99	195.93	201.54	177.22	0.854 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

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 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 to mid 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 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 176.54 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.