(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 2022-11-02 View latest technical analysis
10 day averaged volume of Alkem is 1334
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Wed Nov 2022 | 3314.20 | 3231.50 | 3323.00 | 3226.35 | 5.87 times |
| 01 Tue Nov 2022 | 3226.80 | 3163.25 | 3237.60 | 3163.25 | 1.422 times |
| 31 Mon Oct 2022 | 3155.05 | 3134.80 | 3160.40 | 3118.65 | 1.663 times |
| 28 Fri Oct 2022 | 3113.10 | 3119.35 | 3129.85 | 3095.15 | 1.259 times |
| 27 Thu Oct 2022 | 3114.15 | 3118.60 | 3137.50 | 3091.55 | 0.759 times |
| 25 Tue Oct 2022 | 3119.85 | 3104.70 | 3151.00 | 3085.65 | 0.49 times |
| 24 Mon Oct 2022 | 3097.90 | 3082.45 | 3115.50 | 3082.45 | 0.115 times |
| 21 Fri Oct 2022 | 3094.70 | 3118.95 | 3138.75 | 3080.00 | 1.159 times |
| 20 Thu Oct 2022 | 3100.15 | 3077.10 | 3121.90 | 3072.40 | 0.953 times |
| 19 Wed Oct 2022 | 3079.30 | 3108.20 | 3120.55 | 3070.25 | 1.052 times |
Stock of Alkem (Alkem) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3329.9, for a target of 3241.2 or 3167.24
Share price targets for Alkem (Alkem)
| Target Type | Value |
| Downside Target | 2852.00 |
| Downside Target | 2950.00 |
| Downside Target | 3070.25 |
| Downside Target | 3227.25 |
| Downside Target | 3250.00 |
| Upside Target | 3323.00 |
| Upside Target | 3325.50 |
| Upside Target | 3343.10 |
| Upside Target | 3399.80 |
Intraday share price targets for Alkem (Alkem)
| Target Type | Value |
| Downside Intraday Target | 3180.9 |
| Downside Intraday Target | 3047.6 |
| Upside Intraday Target | 3385.25 |
| Upside Intraday Target | 3456.3 |
| Downside Intraday Target | 3251.95 |
Weekly technical analysis of Alkem (Alkem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Wed Nov 2022 | 3314.20 | 3134.80 | 3323.00 | 3118.65 | 3.416 times |
| 28 Fri Oct 2022 | 3113.10 | 3082.45 | 3151.00 | 3082.45 | 0.611 times |
| 21 Fri Oct 2022 | 3094.70 | 3129.10 | 3149.55 | 3070.25 | 0.631 times |
| 14 Fri Oct 2022 | 3105.40 | 3167.10 | 3227.25 | 3099.70 | 1.085 times |
| 07 Fri Oct 2022 | 3201.70 | 3283.90 | 3343.10 | 3190.90 | 0.385 times |
Price has moved up 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 |
| 02 Wed Nov 2022 | 3314.20 | 3163.25 | 3323.00 | 3163.25 | 0.337 times |
| 31 Mon Oct 2022 | 3155.05 | 3283.90 | 3343.10 | 3070.25 | 0.321 times |
| 30 Fri Sep 2022 | 3279.75 | 2989.00 | 3399.80 | 2950.00 | 0.632 times |
| 30 Tue Aug 2022 | 2975.50 | 3233.25 | 3250.00 | 2852.00 | 2.779 times |
Scroll below to view daily charts
Price has moved up 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 | 39, 11, 56 | Buy |
| MACD | 16, -7 | Buy |
| Stochastics | 89 | Buy |
| CCI | 219 | Buy |
| RSI | 61 | Buy |
| OBV | 7739 | Sell |
| VWAP | 3204 | Buy |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Alkem in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alkem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Alkem in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 3204.35 and Alkem (Alkem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Alkem (Alkem) stock. Volume based technical analysis of Alkem (Alkem) stock is negative.
Alkem Stock is giving positive 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.
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