(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 2022-05-24 View latest technical analysis
10 day averaged volume of Alkem is 8305
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Tue May 2022||2932.40||2991.25||2991.25||2913.00||0.255 times|
|23 Mon May 2022||2985.05||3005.25||3033.00||2970.25||0.245 times|
|20 Fri May 2022||3001.30||2931.05||3013.70||2924.85||0.316 times|
|19 Thu May 2022||2917.55||2920.05||2973.80||2873.45||0.352 times|
|18 Wed May 2022||2941.60||2925.00||2963.15||2904.70||0.322 times|
|17 Tue May 2022||2903.70||2911.35||2918.80||2877.00||0.206 times|
|16 Mon May 2022||2901.90||2984.00||2984.00||2835.00||0.82 times|
|13 Fri May 2022||2903.00||2923.95||3132.70||2888.20||6.243 times|
|12 Thu May 2022||2960.40||2896.00||2980.45||2896.00||0.258 times|
|11 Wed May 2022||2942.00||3010.00||3010.00||2891.00||0.659 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 2915.9 as stoploss in an intra day buy trade for a target of 3066.97. However, stock will show a bearish move below 2915.9.
Share price targets for Alkem (Alkem)
Intraday share price targets for Alkem (Alkem)
|Downside Intraday Target||2885.93|
|Downside Intraday Target||2839.47|
|Upside Intraday Target||3005.93|
|Upside Intraday Target||3079.47|
|Upside Intraday Target||2959.47|
Weekly technical analysis of Alkem (Alkem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Tue May 2022||2932.40||3005.25||3033.00||2913.00||0.248 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|
|24 Tue May 2022||2932.40||3210.00||3312.15||2835.00||1.475 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
Indicators analysis of Alkem (Alkem)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||17, 26, 20||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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL signal for Alkem in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 2914.99 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.