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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 2022-05-23 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, -215Buy
Stochastics 44None
CCI 93Buy
RSI 49Sell
OBV -81537Sell
VWAP 2918Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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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Daily charts

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