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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 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, -25Buy
Stochastics 50None
CCI 126Buy
RSI 49Sell
OBV 8376Sell
VWAP 3023Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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.

Click here for Alkem charts

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Daily charts

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Daily chart

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