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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 2022-05-19 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, -215Sell
Stochastics 21Sell
CCI -61Sell
RSI 43Sell
OBV -77336Sell
VWAP 2923Sell
ADL 0Sell
ROC -8Sell
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 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 Alkem charts

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Daily charts

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Daily chart

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