Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-31 View latest technical analysis

10 day averaged volume of Alamo Group is 92620

Date Daily Closing Price Open High Low Volume
31 Wed Jul 2024 192.72 190.69 195.68 187.62 1.156 times
30 Tue Jul 2024 191.01 193.42 194.11 190.27 1.029 times
29 Mon Jul 2024 193.27 194.41 196.00 190.96 0.578 times
26 Fri Jul 2024 194.96 194.80 198.53 194.00 0.666 times
25 Thu Jul 2024 192.03 184.79 194.50 184.76 0.838 times
24 Wed Jul 2024 183.27 185.47 187.77 183.05 0.734 times
23 Tue Jul 2024 187.13 184.36 189.27 184.36 0.724 times
22 Mon Jul 2024 185.90 184.20 187.26 182.15 2.343 times
19 Fri Jul 2024 183.54 184.81 184.99 182.10 0.566 times
18 Thu Jul 2024 184.75 183.75 188.12 182.85 1.29 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 190.8, but if it comes below 190.8, then a intra day sell could be more profitable.
If you take a sell trade below 190.8, then use 190.8 as stoploss and 180.51 as target. However if you take a buy trade in stock , then use 190.8 as stoploss and 203.1 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 187.62
Upside Target 193.25
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 188.23
Downside Intraday Target 183.73
Upside Intraday Target 196.61
Upside Intraday Target 200.49
Downside Intraday Target 192.11

Weekly technical analysis of Alamo Group (ALG)

Date Weekly Closing Price Open High Low Volume
31 Wed Jul 2024 192.72 194.41 196.00 187.62 0.521 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
31 Wed Jul 2024 192.72 173.13 198.53 163.74 1.095 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Alamo Group in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 188.39 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.

Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Alamo Group in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 188.39 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme