(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 1033
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 3074.60 | 3013.10 | 3084.00 | 3012.10 | 1.408 times |
| 01 Wed Feb 2023 | 3033.10 | 3003.45 | 3040.25 | 3003.45 | 0.663 times |
| 31 Tue Jan 2023 | 3009.75 | 2994.80 | 3017.60 | 2954.20 | 2.415 times |
| 30 Mon Jan 2023 | 3007.40 | 2970.10 | 3022.60 | 2970.10 | 2.014 times |
| 27 Fri Jan 2023 | 2997.60 | 3008.05 | 3033.95 | 2980.10 | 0.769 times |
| 25 Wed Jan 2023 | 3013.80 | 3049.40 | 3049.40 | 2986.00 | 0.967 times |
| 24 Tue Jan 2023 | 3009.05 | 3048.40 | 3058.95 | 2999.00 | 0.595 times |
| 23 Mon Jan 2023 | 3042.05 | 3032.00 | 3052.75 | 3010.00 | 0.512 times |
| 20 Fri Jan 2023 | 3029.30 | 2992.05 | 3074.85 | 2992.05 | 1.05 times |
| 19 Thu Jan 2023 | 3034.95 | 3015.70 | 3124.00 | 3015.70 | 0.499 times |
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 3082.7, for a target of 3056.9 or 3035.38
Share price targets for Alkem (Alkem)
| Target Type | Value |
| Downside Target | 2941.80 |
| Upside Target | 3084.00 |
| Upside Target | 3091.90 |
| Upside Target | 3124.00 |
| Upside Target | 3172.60 |
| Upside Target | 3323.00 |
| Upside Target | 3343.10 |
Intraday share price targets for Alkem (Alkem)
| Target Type | Value |
| Downside Intraday Target | 2991.2 |
| Downside Intraday Target | 2907.8 |
| Upside Intraday Target | 3121 |
| Upside Intraday Target | 3167.4 |
| Downside Intraday Target | 3037.6 |
Weekly technical analysis of Alkem (Alkem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 3074.60 | 2970.10 | 3084.00 | 2954.20 | 2.286 times |
| 27 Fri Jan 2023 | 2997.60 | 3032.00 | 3058.95 | 2980.10 | 0.83 times |
| 20 Fri Jan 2023 | 3029.30 | 3019.15 | 3124.00 | 2992.05 | 0.507 times |
| 13 Fri Jan 2023 | 3028.55 | 3052.10 | 3091.90 | 3000.05 | 0.936 times |
| 06 Fri Jan 2023 | 3026.60 | 3005.25 | 3084.00 | 2972.15 | 0.884 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 Alkem (Alkem)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Thu Feb 2023 | 3074.60 | 3003.45 | 3084.00 | 3003.45 | 0.084 times |
| 31 Tue Jan 2023 | 3009.75 | 3005.25 | 3124.00 | 2954.20 | 0.333 times |
| 30 Fri Dec 2022 | 3005.25 | 3103.05 | 3172.60 | 2941.80 | 2.078 times |
| 30 Wed Nov 2022 | 3126.35 | 3163.25 | 3323.00 | 3024.10 | 1.277 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 Alkem (Alkem)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 13, 22 | Buy |
| MACD | -19, -25 | Buy |
| Stochastics | 50 | None |
| CCI | 126 | Buy |
| RSI | 49 | Sell |
| OBV | 8376 | Sell |
| VWAP | 3023 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Alkem ( (Alkem) ) based on a short 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Alkem 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.
Alkem 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 moving up
CCI has generated a buy signal for Alkem in short term and BUY signal is strong.
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 3023.14 and Alkem (Alkem) 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 Alkem (Alkem) stock. Volume based technical analysis of Alkem (Alkem) stock is negative.
Alkem 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.
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