(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 2024-07-02 View latest technical analysis
10 day averaged volume of Alamo Group is 96900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 168.05 | 166.77 | 168.37 | 166.42 | 1.001 times |
| 01 Mon Jul 2024 | 167.45 | 173.13 | 173.35 | 166.94 | 1.229 times |
| 28 Fri Jun 2024 | 173.00 | 173.00 | 173.84 | 170.49 | 2.231 times |
| 27 Thu Jun 2024 | 171.01 | 171.28 | 172.87 | 170.45 | 0.76 times |
| 26 Wed Jun 2024 | 170.60 | 170.13 | 171.88 | 169.01 | 0.789 times |
| 25 Tue Jun 2024 | 171.28 | 174.77 | 175.00 | 171.22 | 0.456 times |
| 24 Mon Jun 2024 | 175.71 | 176.10 | 177.90 | 174.42 | 0.778 times |
| 21 Fri Jun 2024 | 174.93 | 174.49 | 175.60 | 173.19 | 2.008 times |
| 20 Thu Jun 2024 | 175.39 | 174.72 | 178.30 | 173.62 | 0.592 times |
| 18 Tue Jun 2024 | 175.74 | 177.36 | 179.59 | 175.18 | 0.578 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 170.9, but if it comes above 170.9, then a intra day buy could be more profitable.
If you take a sell trade below 170.9, then use 170.9 as stoploss and 164 as target. However if you take a buy trade in stock , then use 170.9 as stoploss and 176.66 as target.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 166.42 |
| Upside Target | 179.59 |
| Upside Target | 187.62 |
| Upside Target | 193.25 |
| Upside Target | 193.89 |
| Upside Target | 200.12 |
| Upside Target | 201.54 |
| Upside Target | 227.22 |
| Upside Target | 228.88 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 165.2 |
| Downside Intraday Target | 162.34 |
| Upside Intraday Target | 172.13 |
| Upside Intraday Target | 176.2 |
| Upside Intraday Target | 169.27 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 168.05 | 173.13 | 173.35 | 166.42 | 0.445 times |
| 28 Fri Jun 2024 | 173.00 | 176.10 | 177.90 | 169.01 | 1.578 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 |
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 |
| 02 Tue Jul 2024 | 168.05 | 173.13 | 173.35 | 166.42 | 0.123 times |
| 28 Fri Jun 2024 | 173.00 | 192.34 | 193.25 | 169.01 | 1.34 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 |
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 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 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 172.33 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 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 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 172.33 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.