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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 2022-08-10 View latest technical analysis

10 day averaged volume of Alkem is 8787

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 2957.55 2985.40 3000.40 2945.55 0.434 times
08 Mon Aug 2022 2985.40 3090.00 3090.00 2935.70 1.276 times
05 Fri Aug 2022 3111.65 3166.95 3220.00 3098.40 2.232 times
04 Thu Aug 2022 3152.70 3127.40 3175.00 3070.00 0.863 times
03 Wed Aug 2022 3105.40 3167.40 3190.55 3048.85 4.279 times
02 Tue Aug 2022 3195.25 3204.35 3221.50 3173.00 0.137 times
01 Mon Aug 2022 3213.15 3233.25 3250.00 3199.00 0.285 times
29 Fri Jul 2022 3221.55 3234.35 3238.60 3192.45 0.202 times
28 Thu Jul 2022 3227.65 3143.70 3236.70 3129.30 0.331 times
27 Wed Jul 2022 3136.05 3072.00 3162.00 3052.00 0.188 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2982.8, for a target of 3077.2 or 3155.85

Share price targets for Alkem (Alkem)

Target Type Value
Downside Target 2835.00
Downside Target 2930.00
Upside Target 3048.85
Upside Target 3159.00
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 2898.83
Downside Intraday Target 2840.12
Upside Intraday Target 3053.13
Upside Intraday Target 3148.72
Upside Intraday Target 2994.42

Weekly technical analysis of Alkem (Alkem)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 2957.55 3090.00 3090.00 2935.70 0.219 times
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

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
10 Wed Aug 2022 2957.55 3233.25 3250.00 2935.70 1.632 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Alkem (Alkem)

Indicator Name Indicator Value Indicator Signal
ADX 17, 34, 35 Sell
MACD -29, 8Sell
Stochastics 18Sell
CCI -169Sell
RSI 47Sell
OBV -76760Sell
VWAP 3101Sell
ADL 0Sell
ROC -4Sell
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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Alkem stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Alkem in short term and the sell signal is strong.

Alkem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Alkem in short term and SELL 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

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 3100.53 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 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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Daily chart

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