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(Alkem) Alkem complete technical analysis [charts+indicators] | Buy/Sell Alkem | (Alkem) share price targets

Complete technical analysis of Alkem (Alkem) by charts plus indicators, forecast predictions and share price targets for Alkem (Alkem)

10 day averaged volume of Alkem is 9020

Date Daily Closing Price Open High Low Volume
16 Tue Aug 2022 2946.35 2951.15 3006.65 2940.00 2.314 times
12 Fri Aug 2022 2959.90 2970.00 2978.85 2930.30 0.228 times
11 Thu Aug 2022 2974.40 2960.00 3004.20 2948.00 0.313 times
10 Wed Aug 2022 2957.55 2985.40 3000.40 2945.55 0.423 times
08 Mon Aug 2022 2985.40 3090.00 3090.00 2935.70 1.243 times
05 Fri Aug 2022 3111.65 3166.95 3220.00 3098.40 2.175 times
04 Thu Aug 2022 3152.70 3127.40 3175.00 3070.00 0.841 times
03 Wed Aug 2022 3105.40 3167.40 3190.55 3048.85 4.168 times
02 Tue Aug 2022 3195.25 3204.35 3221.50 3173.00 0.134 times
01 Mon Aug 2022 3213.15 3233.25 3250.00 3199.00 0.278 times

Stock of Alkem (Alkem) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3019.7, but if it comes above 3019.7, then a intra day buy could be more profitable.
If you take a sell trade below 3019.7, then use 3019.7 as stoploss and 2896.1 as target. However if you take a buy trade in stock , then use 3019.7 as stoploss and 3122.71 as target.

Share price targets for Alkem (Alkem)

Target Type Value
Downside Target 2835.00
Downside Target 2930.00
Upside Target 3159.00
Upside Target 3233.80
Upside Target 3238.60
Upside Target 3250.00
Upside Target 3312.15
Upside Target 3325.50
Upside Target 3625.20

Intraday share price targets for Alkem (Alkem)

Target Type Value
Downside Intraday Target 2922.02
Downside Intraday Target 2897.68
Upside Intraday Target 2988.67
Upside Intraday Target 3030.98
Upside Intraday Target 2964.33

Weekly technical analysis of Alkem (Alkem)

Date Weekly Closing Price Open High Low Volume
16 Tue Aug 2022 2946.35 2951.15 3006.65 2940.00 1.048 times
12 Fri Aug 2022 2959.90 3090.00 3090.00 2930.30 0.291 times
05 Fri Aug 2022 3111.65 3233.25 3250.00 3048.85 7.113 times
30 Sat Jul 2022 3221.55 3197.45 3238.60 3052.00 0.845 times
22 Fri Jul 2022 3174.15 3217.00 3325.50 3159.00 0.484 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 Alkem (Alkem)

Date Monthly Closing Price Open High Low Volume
16 Tue Aug 2022 2946.35 3233.25 3250.00 2930.30 2.135 times
30 Sat Jul 2022 3221.55 2985.10 3325.50 2972.50 0.569 times
30 Thu Jun 2022 3001.05 3146.35 3172.80 2930.00 0.845 times
31 Tue May 2022 3152.15 3210.00 3312.15 2835.00 1.631 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Alkem (Alkem)

Indicator Name Indicator Value Indicator Signal
ADX 17, 29, 26 Sell
MACD -67, -30Sell
Stochastics 9Sell
CCI -73Buy
RSI 49Sell
OBV -88409Sell
VWAP 3059Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Alkem ( (Alkem) ) 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 Alkem ( (Alkem) ) 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 Alkem ( (Alkem) ) 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 Alkem ( (Alkem) ) based on a mid to longer 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.

ADX buy sell signal for Alkem stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Alkem in short term and the sell signal is strong.

Alkem 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 buy signal for Alkem in short term but BUY 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 Alkem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3059.3 and Alkem (Alkem) 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 Alkem (Alkem) stock. Volume based technical analysis of Alkem (Alkem) stock is negative.

Alkem 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.

Click here for Alkem charts

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Daily charts

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Daily chart

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