(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 2024-09-04 View latest technical analysis
10 day averaged volume of Alamo Group is 55500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 176.09 | 177.80 | 178.90 | 175.95 | 1.168 times |
| 03 Tue Sep 2024 | 178.90 | 183.01 | 183.58 | 177.61 | 1.085 times |
| 30 Fri Aug 2024 | 185.40 | 183.94 | 185.80 | 181.76 | 1.245 times |
| 30 Fri Aug 2024 | 185.40 | 183.94 | 185.80 | 181.76 | 1.245 times |
| 29 Thu Aug 2024 | 184.30 | 183.45 | 185.99 | 182.03 | 0.973 times |
| 28 Wed Aug 2024 | 181.56 | 181.28 | 182.03 | 179.74 | 0.975 times |
| 27 Tue Aug 2024 | 181.86 | 183.45 | 184.53 | 181.04 | 1.047 times |
| 26 Mon Aug 2024 | 185.30 | 185.45 | 186.69 | 183.58 | 1.236 times |
| 23 Fri Aug 2024 | 184.32 | 181.92 | 186.25 | 181.57 | 0.87 times |
| 22 Thu Aug 2024 | 180.23 | 178.92 | 180.80 | 178.05 | 0.73 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 173.8 as stoploss in an intra day buy trade for a target of 178.64. However, stock will show a bearish move below 173.8.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Downside Target | 168.75 |
| Downside Target | 175.95 |
| Upside Target | 183.58 |
| Upside Target | 185.80 |
| Upside Target | 186.25 |
| Upside Target | 186.69 |
| Upside Target | 188.75 |
| Upside Target | 193.25 |
| Upside Target | 198.53 |
| Upside Target | 201.54 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 173.5 |
| Downside Intraday Target | 170.91 |
| Upside Intraday Target | 181.13 |
| Upside Intraday Target | 186.17 |
| Upside Intraday Target | 178.54 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 176.09 | 183.01 | 183.58 | 175.95 | 1.809 times |
| 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Alamo Group (ALG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 176.09 | 183.01 | 183.58 | 175.95 | 0.071 times |
| 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 |
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 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 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 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 SELL. Signal strength is Weak 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 red color and prices are below the red 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 but selling is losing 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 182.44 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 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 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 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 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 SELL. Signal strength is Weak 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 red color and prices are below the red 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 but selling is losing 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 182.44 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.