(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 2024-09-06 View latest technical analysis
10 day averaged volume of Alamo Group is 59780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 170.43 | 172.60 | 174.22 | 170.43 | 0.754 times |
| 05 Thu Sep 2024 | 173.37 | 176.92 | 176.92 | 172.12 | 0.861 times |
| 04 Wed Sep 2024 | 176.09 | 177.80 | 178.90 | 175.95 | 1.084 times |
| 03 Tue Sep 2024 | 178.90 | 183.01 | 183.58 | 177.61 | 1.007 times |
| 30 Fri Aug 2024 | 185.40 | 183.94 | 185.80 | 181.76 | 1.156 times |
| 30 Fri Aug 2024 | 185.40 | 183.94 | 185.80 | 181.76 | 1.156 times |
| 29 Thu Aug 2024 | 184.30 | 183.45 | 185.99 | 182.03 | 0.903 times |
| 28 Wed Aug 2024 | 181.56 | 181.28 | 182.03 | 179.74 | 0.905 times |
| 27 Tue Aug 2024 | 181.86 | 183.45 | 184.53 | 181.04 | 0.972 times |
| 26 Mon Aug 2024 | 185.30 | 185.45 | 186.69 | 183.58 | 1.148 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 173.4, but if it comes above 173.4, then a intra day buy could be more profitable.
If you take a sell trade below 173.4, then use 173.4 as stoploss and 167.3 as target. However if you take a buy trade in stock , then use 173.4 as stoploss and 178.47 as target.
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Downside Target | 168.75 |
| Upside Target | 176.91 |
| 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 | 166.05 |
| Downside Intraday Target | 161.66 |
| Upside Intraday Target | 179.2 |
| Upside Intraday Target | 187.96 |
| Upside Intraday Target | 174.81 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 170.43 | 183.01 | 183.58 | 170.43 | 3.207 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 |
| 06 Fri Sep 2024 | 170.43 | 183.01 | 183.58 | 170.43 | 0.126 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 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 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 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 mid to longer 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.
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 and the sell signal is strong.
Alamo Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 180.74 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 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 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 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 mid to longer 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.
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 and the sell signal is strong.
Alamo Group Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 180.74 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.