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(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 2024-11-11 View latest technical analysis

10 day averaged volume of Alamo Group is 114980

Date Daily Closing Price Open High Low Volume
11 Mon Nov 2024 196.20 196.67 198.27 194.83 0.535 times
08 Fri Nov 2024 195.58 195.99 198.28 194.18 1.198 times
07 Thu Nov 2024 197.43 197.17 198.74 193.80 0.854 times
06 Wed Nov 2024 196.89 197.31 200.09 194.93 1.062 times
05 Tue Nov 2024 186.80 182.53 187.63 182.47 1.065 times
04 Mon Nov 2024 183.27 187.54 188.34 182.42 0.934 times
01 Fri Nov 2024 187.48 175.22 190.53 174.13 2.301 times
31 Thu Oct 2024 169.54 171.74 172.33 169.49 0.869 times
30 Wed Oct 2024 173.09 171.74 175.48 171.00 0.957 times
29 Tue Oct 2024 173.46 172.84 173.48 172.01 0.395 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 190.1, but if it comes below 190.1, then a intra day sell could be more profitable.
If you take a sell trade below 190.1, then use 190.1 as stoploss and 180.32 as target. However if you take a buy trade in stock , then use 190.1 as stoploss and 201.9 as target.

Share price targets for Alamo Group (ALG)

Target Type Value
Downside Target 163.74
Downside Target 174.13
Downside Target 182.42
Downside Target 188.75
Downside Target 189.54
Downside Target 190.53
Downside Target 194.83
Upside Target 198.27
Upside Target 198.53
Upside Target 200.09

Intraday share price targets for Alamo Group (ALG)

Target Type Value
Downside Intraday Target 194.6
Downside Intraday Target 192.99
Upside Intraday Target 198.04
Upside Intraday Target 199.87
Upside Intraday Target 196.43

Weekly technical analysis of Alamo Group (ALG)

Date Weekly Closing Price Open High Low Volume
11 Mon Nov 2024 196.20 196.67 198.27 194.83 0.105 times
08 Fri Nov 2024 195.58 187.54 200.09 182.42 1.046 times
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

Price has moved up 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
11 Mon Nov 2024 196.20 175.22 200.09 174.13 0.519 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 BUY. Signal strength is Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Alamo Group is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 186.82 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 BUY. Signal strength is Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Alamo Group is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 186.82 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.

Daily charts

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