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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 2022-08-05 View latest technical analysis

10 day averaged volume of Alkem is 5997

Date Daily Closing Price Open High Low Volume
05 Fri Aug 2022 3111.65 3166.95 3220.00 3098.40 3.271 times
04 Thu Aug 2022 3152.70 3127.40 3175.00 3070.00 1.265 times
03 Wed Aug 2022 3105.40 3167.40 3190.55 3048.85 6.269 times
02 Tue Aug 2022 3195.25 3204.35 3221.50 3173.00 0.201 times
01 Mon Aug 2022 3213.15 3233.25 3250.00 3199.00 0.418 times
29 Fri Jul 2022 3221.55 3234.35 3238.60 3192.45 0.296 times
28 Thu Jul 2022 3227.65 3143.70 3236.70 3129.30 0.485 times
27 Wed Jul 2022 3136.05 3072.00 3162.00 3052.00 0.276 times
26 Tue Jul 2022 3076.55 3109.00 3111.55 3063.45 0.3 times
25 Mon Jul 2022 3108.55 3197.45 3197.45 3090.90 0.249 times

Stock of Alkem (Alkem) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3119.7, but if it comes above 3119.7, then a intra day buy could be more profitable.
If you take a sell trade below 3119.7, then use 3119.7 as stoploss and 3057.2 as target. However if you take a buy trade in stock , then use 3119.7 as stoploss and 3171.86 as target.

Share price targets for Alkem (Alkem)

Target Type Value
Downside Target 2835.00
Downside Target 2930.00
Downside Target 3048.85
Upside Target 3140.20
Upside Target 3238.60
Upside Target 3250.00
Upside Target 3261.90
Upside Target 3312.15
Upside Target 3325.50
Upside Target 3625.20

Intraday share price targets for Alkem (Alkem)

Target Type Value
Downside Intraday Target 3023.67
Downside Intraday Target 2935.68
Upside Intraday Target 3224.82
Upside Intraday Target 3337.98
Upside Intraday Target 3136.83

Weekly technical analysis of Alkem (Alkem)

Date Weekly Closing Price Open High Low Volume
05 Fri Aug 2022 3111.65 3233.25 3250.00 3048.85 7.113 times
29 Fri Jul 2022 3221.55 3197.45 3238.60 3052.00 0.845 times
22 Fri Jul 2022 3174.15 3217.00 3325.50 3159.00 0.484 times
15 Fri Jul 2022 3213.55 3130.00 3261.90 3072.45 4.738 times
08 Fri Jul 2022 3124.45 3027.30 3140.20 2987.45 0.136 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Alkem (Alkem)

Date Monthly Closing Price Open High Low Volume
05 Fri Aug 2022 3111.65 3233.25 3250.00 3048.85 1.339 times
29 Fri Jul 2022 3221.55 2985.10 3325.50 2972.50 0.569 times
30 Thu Jun 2022 3001.05 3146.35 3172.80 2930.00 0.864 times
31 Tue May 2022 3152.15 3210.00 3312.15 2835.00 1.596 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 22, 23, 4 Sell
MACD 17, 29Sell
Stochastics 37None
CCI -19Buy
RSI 50Buy
OBV -58638Sell
VWAP 3124Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Alkem in short term but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Alkem in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 3123.64 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 positive

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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