(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 2024-08-30 View latest technical analysis
10 day averaged volume of Alamo Group is 60090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 185.40 | 183.94 | 185.80 | 181.76 | 1.15 times |
| 30 Fri Aug 2024 | 185.40 | 183.94 | 185.80 | 181.76 | 1.15 times |
| 29 Thu Aug 2024 | 184.30 | 183.45 | 185.99 | 182.03 | 0.899 times |
| 28 Wed Aug 2024 | 181.56 | 181.28 | 182.03 | 179.74 | 0.9 times |
| 27 Tue Aug 2024 | 181.86 | 183.45 | 184.53 | 181.04 | 0.967 times |
| 26 Mon Aug 2024 | 185.30 | 185.45 | 186.69 | 183.58 | 1.142 times |
| 23 Fri Aug 2024 | 184.32 | 181.92 | 186.25 | 181.57 | 0.804 times |
| 22 Thu Aug 2024 | 180.23 | 178.92 | 180.80 | 178.05 | 0.674 times |
| 21 Wed Aug 2024 | 179.83 | 178.45 | 180.88 | 178.14 | 0.549 times |
| 20 Tue Aug 2024 | 177.57 | 178.38 | 179.16 | 176.91 | 1.601 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 183.4, but if it comes below 183.4, then a intra day sell could be more profitable.
If you take a sell trade below 183.4, then use 183.4 as stoploss and 177.93 as target. However if you take a buy trade in stock , then use 183.4 as stoploss and 189.9 as target.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Downside Target | 168.75 |
| Downside Target | 175.55 |
| Upside Target | 185.80 |
| Upside Target | 186.25 |
| Upside Target | 186.69 |
| Upside Target | 188.75 |
| Upside Target | 193.25 |
| Upside Target | 193.89 |
| 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 | 182.84 |
| Downside Intraday Target | 180.28 |
| Upside Intraday Target | 186.88 |
| Upside Intraday Target | 188.36 |
| Downside Intraday Target | 184.32 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 185.40 | 183.94 | 185.80 | 181.76 | 0.227 times |
| 30 Fri Aug 2024 | 185.40 | 185.45 | 186.69 | 179.74 | 1.023 times |
| 23 Fri Aug 2024 | 184.32 | 178.37 | 186.25 | 176.91 | 1.002 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 |
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 Fri Aug 2024 | 185.40 | 185.00 | 188.75 | 164.38 | 0.92 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 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 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 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.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Alamo Group in short term
RSI is generating a SELL signal in short term but selling 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 182.56 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 negative.
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 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 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 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.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Alamo Group in short term
RSI is generating a SELL signal in short term but selling 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 182.56 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.