(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 2024-08-16 View latest technical analysis
10 day averaged volume of Alamo Group is 84760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 177.67 | 174.55 | 178.00 | 174.53 | 1.005 times |
| 15 Thu Aug 2024 | 174.55 | 175.77 | 177.46 | 174.26 | 0.617 times |
| 14 Wed Aug 2024 | 171.46 | 172.69 | 172.69 | 169.74 | 0.549 times |
| 13 Tue Aug 2024 | 171.57 | 171.04 | 172.35 | 168.75 | 0.78 times |
| 12 Mon Aug 2024 | 170.30 | 171.99 | 172.20 | 169.48 | 0.546 times |
| 09 Fri Aug 2024 | 172.32 | 175.55 | 175.55 | 169.57 | 0.688 times |
| 08 Thu Aug 2024 | 174.88 | 172.09 | 175.19 | 170.71 | 0.875 times |
| 07 Wed Aug 2024 | 169.28 | 174.46 | 174.46 | 168.55 | 1.035 times |
| 06 Tue Aug 2024 | 171.58 | 172.37 | 174.73 | 170.26 | 1.118 times |
| 05 Mon Aug 2024 | 172.99 | 166.86 | 173.21 | 164.38 | 1.82 times |
My analysis of stock is bearish for shortterm, and stock might move down till 171.5 or till 160.9. Use a stoploss of 180.34 and if the stock hits stoploss, then it can shoot up till 189.18
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Downside Target | 168.75 |
| 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 | 171.61 |
| Downside Intraday Target | 165.56 |
| Upside Intraday Target | 180.86 |
| Upside Intraday Target | 184.06 |
| Downside Intraday Target | 174.81 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 177.67 | 171.99 | 178.00 | 168.75 | 0.632 times |
| 09 Fri Aug 2024 | 172.32 | 166.86 | 175.55 | 164.38 | 0.805 times |
| 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 |
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 |
| 16 Fri Aug 2024 | 177.67 | 185.00 | 188.75 | 164.38 | 0.57 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is losing 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 172.77 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is losing 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 172.77 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.