(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 2024-07-08 View latest technical analysis
10 day averaged volume of Alamo Group is 84400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 166.50 | 167.37 | 168.14 | 166.46 | 0.557 times |
| 05 Fri Jul 2024 | 165.72 | 167.84 | 169.00 | 165.18 | 0.664 times |
| 03 Wed Jul 2024 | 168.80 | 167.98 | 169.51 | 167.74 | 0.509 times |
| 03 Wed Jul 2024 | 168.80 | 167.98 | 169.51 | 167.74 | 0.509 times |
| 02 Tue Jul 2024 | 168.05 | 166.77 | 168.37 | 166.42 | 1.149 times |
| 01 Mon Jul 2024 | 167.45 | 173.13 | 173.35 | 166.94 | 1.411 times |
| 28 Fri Jun 2024 | 173.00 | 173.00 | 173.84 | 170.49 | 2.562 times |
| 27 Thu Jun 2024 | 171.01 | 171.28 | 172.87 | 170.45 | 0.872 times |
| 26 Wed Jun 2024 | 170.60 | 170.13 | 171.88 | 169.01 | 0.906 times |
| 25 Tue Jun 2024 | 171.28 | 174.77 | 175.00 | 171.22 | 0.524 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 168.6, but if it comes above 168.6, then a intra day buy could be more profitable.
If you take a sell trade below 168.6, then use 168.6 as stoploss and 163.3 as target. However if you take a buy trade in stock , then use 168.6 as stoploss and 173 as target.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 165.18 |
| Upside Target | 173.19 |
| Upside Target | 177.22 |
| Upside Target | 177.90 |
| Upside Target | 179.59 |
| 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 | 165.93 |
| Downside Intraday Target | 165.35 |
| Upside Intraday Target | 167.61 |
| Upside Intraday Target | 168.71 |
| Upside Intraday Target | 167.03 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 166.50 | 167.37 | 168.14 | 166.46 | 0.475 times |
| 05 Fri Jul 2024 | 165.72 | 167.98 | 169.51 | 165.18 | 0.382 times |
| 03 Wed Jul 2024 | 168.80 | 173.13 | 173.35 | 166.42 | 0.533 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 |
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 |
| 08 Mon Jul 2024 | 166.50 | 173.13 | 173.35 | 165.18 | 0.231 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 buy signal for Alamo Group in short term but BUY signal is weak.
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
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 169.79 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 buy signal for Alamo Group in short term but BUY signal is weak.
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
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 169.79 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.