(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)
Intraday share price targets for Alkem (Alkem)
|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|
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.