(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 2024-09-16 View latest technical analysis
10 day averaged volume of Alamo Group is 56820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 178.42 | 179.85 | 179.89 | 177.02 | 0.785 times |
| 13 Fri Sep 2024 | 178.84 | 178.31 | 179.21 | 177.29 | 0.692 times |
| 12 Thu Sep 2024 | 175.48 | 175.13 | 176.38 | 172.70 | 0.869 times |
| 11 Wed Sep 2024 | 174.11 | 169.83 | 174.53 | 168.05 | 1.426 times |
| 10 Tue Sep 2024 | 171.19 | 170.24 | 171.86 | 169.44 | 1.045 times |
| 09 Mon Sep 2024 | 171.09 | 170.13 | 172.04 | 169.35 | 0.852 times |
| 06 Fri Sep 2024 | 170.43 | 172.60 | 174.22 | 170.43 | 0.794 times |
| 05 Thu Sep 2024 | 173.37 | 176.92 | 176.92 | 172.12 | 0.906 times |
| 04 Wed Sep 2024 | 176.09 | 177.80 | 178.90 | 175.95 | 1.14 times |
| 03 Tue Sep 2024 | 178.90 | 183.01 | 183.58 | 177.61 | 1.059 times |
My analysis of stock is bearish for shortterm, and stock might move down till 173.8 or till 168. Use a stoploss of 178.68 and if the stock hits stoploss, then it can shoot up till 183.52
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Downside Target | 168.05 |
| Downside Target | 177.02 |
| Upside Target | 183.58 |
| Upside Target | 185.80 |
| 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 | 177 |
| Downside Intraday Target | 175.57 |
| Upside Intraday Target | 179.87 |
| Upside Intraday Target | 181.31 |
| Upside Intraday Target | 178.44 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 178.42 | 179.85 | 179.89 | 177.02 | 0.161 times |
| 13 Fri Sep 2024 | 178.84 | 170.13 | 179.21 | 168.05 | 1.252 times |
| 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 |
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 |
| 16 Mon Sep 2024 | 178.42 | 183.01 | 183.58 | 168.05 | 0.308 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 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 neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is gaining 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 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 coming down
CCI has generated a SELL signal for Alamo Group in short term but SELL signal is weak.
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 174.73 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 Weak and stock is gaining 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 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 coming down
CCI has generated a SELL signal for Alamo Group in short term but SELL signal is weak.
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 174.73 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.