(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 2022-05-23 View latest technical analysis
10 day averaged volume of Alkem is 8272
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 2985.05 | 3005.25 | 3033.00 | 2970.25 | 0.246 times |
| 20 Fri May 2022 | 3001.30 | 2931.05 | 3013.70 | 2924.85 | 0.317 times |
| 19 Thu May 2022 | 2917.55 | 2920.05 | 2973.80 | 2873.45 | 0.353 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 | 0.823 times |
| 13 Fri May 2022 | 2903.00 | 2923.95 | 3132.70 | 2888.20 | 6.268 times |
| 12 Thu May 2022 | 2960.40 | 2896.00 | 2980.45 | 2896.00 | 0.259 times |
| 11 Wed May 2022 | 2942.00 | 3010.00 | 3010.00 | 2891.00 | 0.662 times |
| 10 Tue May 2022 | 2974.50 | 3119.90 | 3119.90 | 2953.45 | 0.581 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2929.3 as stoploss in an intra day buy trade for a target of 3085.92. However, stock will show a bearish move below 2929.3.
Share price targets for Alkem (Alkem)
| Target Type | Value |
| Downside Target | 2835.00 |
| Downside Target | 2970.25 |
| Upside Target | 3233.80 |
| Upside Target | 3312.15 |
| Upside Target | 3350.05 |
| Upside Target | 3367.30 |
| 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 | 2959.2 |
| Downside Intraday Target | 2933.35 |
| Upside Intraday Target | 3021.95 |
| Upside Intraday Target | 3058.85 |
| Upside Intraday Target | 2996.1 |
Weekly technical analysis of Alkem (Alkem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 2985.05 | 3005.25 | 3033.00 | 2970.25 | 0.122 times |
| 20 Fri May 2022 | 3001.30 | 2984.00 | 3013.70 | 2835.00 | 0.254 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 |
Price has moved down 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 |
| 23 Mon May 2022 | 2985.05 | 3210.00 | 3312.15 | 2835.00 | 1.443 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 | 19, 22, 7 | Sell |
| MACD | -210, -215 | Buy |
| Stochastics | 44 | None |
| CCI | 93 | Buy |
| RSI | 49 | Sell |
| OBV | -81537 | Sell |
| VWAP | 2918 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Alkem ( (Alkem) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 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. 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 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 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 2917.98 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.
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