(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 2024-09-20 View latest technical analysis
10 day averaged volume of Alamo Group is 56410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 181.15 | 184.17 | 184.17 | 180.61 | 4.084 times |
| 19 Thu Sep 2024 | 184.93 | 186.35 | 186.74 | 183.36 | 1.009 times |
| 18 Wed Sep 2024 | 181.81 | 178.29 | 189.54 | 178.29 | 1.248 times |
| 17 Tue Sep 2024 | 178.90 | 180.53 | 180.93 | 178.30 | 1.234 times |
| 16 Mon Sep 2024 | 178.42 | 179.85 | 179.89 | 177.02 | 0.791 times |
| 13 Fri Sep 2024 | 178.84 | 178.31 | 179.21 | 177.29 | 0.697 times |
| 12 Thu Sep 2024 | 175.48 | 175.13 | 176.38 | 172.70 | 0.876 times |
| 11 Wed Sep 2024 | 174.11 | 169.83 | 174.53 | 168.05 | 1.436 times |
| 10 Tue Sep 2024 | 171.19 | 170.24 | 171.86 | 169.44 | 1.053 times |
| 09 Mon Sep 2024 | 171.09 | 170.13 | 172.04 | 169.35 | 0.858 times |
Stock of Alamo Group (ALG) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 183.9 or till 189.8. Use a stoploss of 178.93 and if this stock hits its stoploss, then it can fall down till 174
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Downside Target | 168.05 |
| Downside Target | 177.02 |
| Upside Target | 185.80 |
| Upside Target | 186.69 |
| Upside Target | 188.75 |
| Upside Target | 189.54 |
| 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 | 175.6 |
| Downside Intraday Target | 170.05 |
| Upside Intraday Target | 188.12 |
| Upside Intraday Target | 195.09 |
| Upside Intraday Target | 182.57 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 181.15 | 179.85 | 189.54 | 177.02 | 1.701 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 up 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 |
| 20 Fri Sep 2024 | 181.15 | 183.01 | 189.54 | 168.05 | 0.551 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 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 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 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 losing 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 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 tired and bears are picking up momentum.
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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 178.43 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 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 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 losing 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 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 tired and bears are picking up momentum.
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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 178.43 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.