(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 2022-05-19 View latest technical analysis
10 day averaged volume of Alkem is 8253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 2917.55 | 2920.05 | 2973.80 | 2873.45 | 0.354 times |
| 18 Wed May 2022 | 2941.60 | 2925.00 | 2963.15 | 2904.70 | 0.324 times |
| 17 Tue May 2022 | 2903.70 | 2911.35 | 2918.80 | 2877.00 | 0.207 times |
| 16 Mon May 2022 | 2901.90 | 2984.00 | 2984.00 | 2835.00 | 0.825 times |
| 13 Fri May 2022 | 2903.00 | 2923.95 | 3132.70 | 2888.20 | 6.283 times |
| 12 Thu May 2022 | 2960.40 | 2896.00 | 2980.45 | 2896.00 | 0.26 times |
| 11 Wed May 2022 | 2942.00 | 3010.00 | 3010.00 | 2891.00 | 0.664 times |
| 10 Tue May 2022 | 2974.50 | 3119.90 | 3119.90 | 2953.45 | 0.582 times |
| 09 Mon May 2022 | 3085.40 | 3086.05 | 3132.50 | 3054.95 | 0.206 times |
| 06 Fri May 2022 | 3088.65 | 3175.00 | 3175.00 | 3078.60 | 0.369 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2948.6, but if it comes above 2948.6, then a intra day buy could be more profitable.
If you take a sell trade below 2948.6, then use 2948.6 as stoploss and 2736.5 as target. However if you take a buy trade in stock , then use 2948.6 as stoploss and 3125.32 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 | 2840.37 |
| Downside Intraday Target | 2763.18 |
| Upside Intraday Target | 2989.37 |
| Upside Intraday Target | 3061.18 |
| Downside Intraday Target | 2912.18 |
Weekly technical analysis of Alkem (Alkem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 2917.55 | 2984.00 | 2984.00 | 2835.00 | 0.214 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 |
| 19 Thu May 2022 | 2917.55 | 3210.00 | 3312.15 | 2835.00 | 1.371 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 | 15, 26, 25 | Sell |
| MACD | -235, -215 | Sell |
| Stochastics | 21 | Sell |
| CCI | -61 | Sell |
| RSI | 43 | Sell |
| OBV | -77336 | Sell |
| VWAP | 2923 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
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 gaining 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 coming down
CCI has generated a SELL signal for Alkem in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 2923.39 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 further forecast and predictions for tomorrow