(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 2024-08-02 View latest technical analysis
10 day averaged volume of Alamo Group is 96000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 175.09 | 176.49 | 178.78 | 173.81 | 1.741 times |
| 01 Thu Aug 2024 | 184.78 | 185.00 | 188.75 | 179.20 | 1.67 times |
| 31 Wed Jul 2024 | 192.72 | 190.69 | 195.68 | 187.62 | 1.116 times |
| 30 Tue Jul 2024 | 191.01 | 193.42 | 194.11 | 190.27 | 0.993 times |
| 29 Mon Jul 2024 | 193.27 | 194.41 | 196.00 | 190.96 | 0.557 times |
| 26 Fri Jul 2024 | 194.96 | 194.80 | 198.53 | 194.00 | 0.643 times |
| 25 Thu Jul 2024 | 192.03 | 184.79 | 194.50 | 184.76 | 0.808 times |
| 24 Wed Jul 2024 | 183.27 | 185.47 | 187.77 | 183.05 | 0.708 times |
| 23 Tue Jul 2024 | 187.13 | 184.36 | 189.27 | 184.36 | 0.699 times |
| 22 Mon Jul 2024 | 185.90 | 184.20 | 187.26 | 182.15 | 2.26 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 172.4 as stoploss in an intra day buy trade for a target of 181.78. However, stock will show a bearish move below 172.4.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Downside Target | 169.01 |
| Downside Target | 173.81 |
| Upside Target | 182.15 |
| Upside Target | 188.12 |
| Upside Target | 193.25 |
| Upside Target | 193.89 |
| Upside Target | 196.00 |
| Upside Target | 198.53 |
| Upside Target | 201.54 |
| Upside Target | 227.22 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 167.27 |
| Downside Intraday Target | 159.44 |
| Upside Intraday Target | 189.46 |
| Upside Intraday Target | 203.82 |
| Upside Intraday Target | 181.63 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 175.09 | 194.41 | 196.00 | 173.81 | 1.187 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 |
| 02 Fri Aug 2024 | 175.09 | 185.00 | 188.75 | 173.81 | 0.171 times |
| 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 |
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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 186.42 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 186.42 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.