(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 2024-08-19 View latest technical analysis
10 day averaged volume of Alamo Group is 76570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 179.29 | 178.37 | 179.50 | 176.96 | 1.032 times |
| 16 Fri Aug 2024 | 177.67 | 174.55 | 178.00 | 174.53 | 1.113 times |
| 15 Thu Aug 2024 | 174.55 | 175.77 | 177.46 | 174.26 | 0.683 times |
| 14 Wed Aug 2024 | 171.46 | 172.69 | 172.69 | 169.74 | 0.607 times |
| 13 Tue Aug 2024 | 171.57 | 171.04 | 172.35 | 168.75 | 0.863 times |
| 12 Mon Aug 2024 | 170.30 | 171.99 | 172.20 | 169.48 | 0.605 times |
| 09 Fri Aug 2024 | 172.32 | 175.55 | 175.55 | 169.57 | 0.761 times |
| 08 Thu Aug 2024 | 174.88 | 172.09 | 175.19 | 170.71 | 0.969 times |
| 07 Wed Aug 2024 | 169.28 | 174.46 | 174.46 | 168.55 | 1.145 times |
| 06 Tue Aug 2024 | 171.58 | 172.37 | 174.73 | 170.26 | 1.238 times |
My analysis of stock is bearish for shortterm, and stock might move down till 171.3 or till 160.8. Use a stoploss of 180.01 and if the stock hits stoploss, then it can shoot up till 188.76
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Downside Target | 168.75 |
| Downside Target | 173.81 |
| Upside Target | 188.75 |
| 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 | 177.67 |
| Downside Intraday Target | 176.04 |
| Upside Intraday Target | 180.21 |
| Upside Intraday Target | 181.12 |
| Downside Intraday Target | 178.58 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 179.29 | 178.37 | 179.50 | 176.96 | 0.267 times |
| 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 |
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 |
| 19 Mon Aug 2024 | 179.29 | 185.00 | 188.75 | 164.38 | 0.611 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 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 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 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 BUY signal for Alamo Group in short term but the buy signal is initial and weak.
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 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 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 173.47 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 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 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 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 BUY signal for Alamo Group in short term but the buy signal is initial and weak.
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 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 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 173.47 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.