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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 2024-07-30 View latest technical analysis

10 day averaged volume of Alamo Group is 90870

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	191.01	193.42	194.11	190.27	1.049 times
29 Mon Jul 2024	193.27	194.41	196.00	190.96	0.589 times
26 Fri Jul 2024	194.96	194.80	198.53	194.00	0.679 times
25 Thu Jul 2024	192.03	184.79	194.50	184.76	0.854 times
24 Wed Jul 2024	183.27	185.47	187.77	183.05	0.748 times
23 Tue Jul 2024	187.13	184.36	189.27	184.36	0.738 times
22 Mon Jul 2024	185.90	184.20	187.26	182.15	2.388 times
19 Fri Jul 2024	183.54	184.81	184.99	182.10	0.577 times
18 Thu Jul 2024	184.75	183.75	188.12	182.85	1.315 times
17 Wed Jul 2024	185.47	182.25	186.96	182.25	1.256 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 189.5, but if it comes below 189.5, then a intra day sell could be more profitable.
If you take a sell trade below 189.5, then use 189.5 as stoploss and 179.31 as target. However if you take a buy trade in stock , then use 189.5 as stoploss and 201.7 as target.

Share price targets for Alamo Group (ALG)

Target Type	Value
Downside Target	163.74
Downside Target	169.01
Downside Target	173.87
Downside Target	182.15
Downside Target	188.12
Upside Target	196.00
Upside Target	198.53
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	188.85
Downside Intraday Target	186.7
Upside Intraday Target	194.58
Upside Intraday Target	198.16
Upside Intraday Target	192.43

Weekly technical analysis of Alamo Group (ALG)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	191.01	194.41	196.00	190.27	0.303 times
26 Fri Jul 2024	194.96	184.20	198.53	182.15	1.149 times
19 Fri Jul 2024	183.54	174.47	188.12	173.87	1.113 times
12 Fri Jul 2024	172.92	167.37	175.85	163.74	3.879 times
05 Fri Jul 2024	165.72	167.98	169.51	165.18	0.382 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
30 Tue Jul 2024	191.01	173.13	198.53	163.74	1.033 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Alamo Group in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Alamo Group in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 187.53 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.