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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)

Showing technical analysis as on 2022-05-18 View latest technical analysis

10 day averaged volume of Alkem is 8146

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 2941.60 2925.00 2963.15 2904.70 0.329 times
17 Tue May 2022 2903.70 2911.35 2918.80 2877.00 0.21 times
16 Mon May 2022 2901.90 2984.00 2984.00 2835.00 0.836 times
13 Fri May 2022 2903.00 2923.95 3132.70 2888.20 6.365 times
12 Thu May 2022 2960.40 2896.00 2980.45 2896.00 0.263 times
11 Wed May 2022 2942.00 3010.00 3010.00 2891.00 0.672 times
10 Tue May 2022 2974.50 3119.90 3119.90 2953.45 0.59 times
09 Mon May 2022 3085.40 3086.05 3132.50 3054.95 0.209 times
06 Fri May 2022 3088.65 3175.00 3175.00 3078.60 0.374 times
05 Thu May 2022 3168.95 3192.00 3293.70 3156.65 0.284 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2969.7, but if it comes above 2969.7, then a intra day buy could be more profitable.
If you take a sell trade below 2969.7, then use 2969.7 as stoploss and 2753.5 as target. However if you take a buy trade in stock , then use 2969.7 as stoploss and 3149.79 as target.

Share price targets for Alkem (Alkem)

Target Type Value
Downside Target 2835.00
Upside Target 2984.00
Upside Target 3078.60
Upside Target 3233.80
Upside Target 3312.15
Upside Target 3355.40
Upside Target 3367.30
Upside Target 3514.00
Upside Target 3594.05
Upside Target 3625.20
Upside Target 3720.00
Upside Target 3784.00

Intraday share price targets for Alkem (Alkem)

Target Type Value
Downside Intraday Target 2856.4
Downside Intraday Target 2771.2
Upside Intraday Target 3005.4
Upside Intraday Target 3069.2
Downside Intraday Target 2920.2

Weekly technical analysis of Alkem (Alkem)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 2941.60 2984.00 2984.00 2835.00 0.17 times
13 Fri May 2022 2903.00 3086.05 3132.70 2888.20 7.059 times
06 Fri May 2022 3088.65 3210.00 3312.15 3078.60 1.101 times
29 Fri Apr 2022 3253.05 3367.30 3367.30 3233.80 0.57 times
22 Fri Apr 2022 3367.30 3417.00 3514.00 3355.40 1.196 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 Alkem (Alkem)

Date Monthly Closing Price Open High Low Volume
18 Wed May 2022 2941.60 3210.00 3312.15 2835.00 1.326 times
29 Fri Apr 2022 3253.05 3625.20 3625.20 3233.80 1.166 times
31 Thu Mar 2022 3617.10 3222.00 3720.00 3110.05 1.232 times
28 Mon Feb 2022 3278.35 3580.00 3594.05 3148.50 0.552 times

Scroll below to view daily charts

Price has moved down 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 17, 25, 19 Sell
MACD -236, -209Sell
Stochastics 17Sell
CCI -55Buy
RSI 42Sell
OBV -77073Sell
VWAP 2930Buy
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Alkem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Alkem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2930.49 and Alkem (Alkem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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