(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 2024-11-01 View latest technical analysis
10 day averaged volume of Alamo Group is 71600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 187.48 | 175.22 | 190.53 | 174.13 | 3.696 times |
| 31 Thu Oct 2024 | 169.54 | 171.74 | 172.33 | 169.49 | 1.395 times |
| 30 Wed Oct 2024 | 173.09 | 171.74 | 175.48 | 171.00 | 1.536 times |
| 29 Tue Oct 2024 | 173.46 | 172.84 | 173.48 | 172.01 | 0.634 times |
| 28 Mon Oct 2024 | 174.16 | 172.50 | 176.05 | 172.50 | 0.587 times |
| 25 Fri Oct 2024 | 171.78 | 169.43 | 172.34 | 168.36 | 0.891 times |
| 24 Thu Oct 2024 | 168.97 | 169.31 | 170.29 | 167.50 | 1.464 times |
| 23 Wed Oct 2024 | 168.80 | 169.65 | 171.58 | 168.15 | 0.804 times |
| 22 Tue Oct 2024 | 170.59 | 170.63 | 173.48 | 168.79 | 1.142 times |
| 21 Mon Oct 2024 | 171.88 | 177.14 | 177.14 | 171.82 | 0.883 times |
Stock of Alamo Group (ALG) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 185.5, for a target of 179.7 or 174.94
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 163.74 |
| Downside Target | 177.42 |
| Downside Target | 181.29 |
| Downside Target | 184.64 |
| Upside Target | 188.75 |
| Upside Target | 189.54 |
| Upside Target | 190.53 |
| Upside Target | 198.53 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 174.47 |
| Downside Intraday Target | 161.46 |
| Upside Intraday Target | 195.51 |
| Upside Intraday Target | 203.54 |
| Downside Intraday Target | 182.5 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 187.48 | 172.50 | 190.53 | 169.49 | 1.514 times |
| 25 Fri Oct 2024 | 171.78 | 177.14 | 177.14 | 167.50 | 0.896 times |
| 18 Fri Oct 2024 | 177.54 | 176.24 | 184.64 | 175.35 | 0.941 times |
| 11 Fri Oct 2024 | 177.01 | 174.50 | 177.42 | 169.87 | 1.44 times |
| 04 Fri Oct 2024 | 175.76 | 179.17 | 181.29 | 171.48 | 0.76 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 |
| 01 Fri Nov 2024 | 187.48 | 175.22 | 190.53 | 174.13 | 0.15 times |
| 31 Thu Oct 2024 | 169.54 | 178.87 | 184.64 | 167.50 | 1.22 times |
| 30 Mon Sep 2024 | 180.13 | 183.01 | 189.54 | 168.05 | 0.819 times |
| 30 Fri Aug 2024 | 185.40 | 185.00 | 188.75 | 164.38 | 0.92 times |
Scroll below to view daily charts
Price has moved up 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 175.74 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alamo Group in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 175.74 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.