(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 2022-11-28 View latest technical analysis
10 day averaged volume of Alkem is 1057
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 3078.85 | 3099.45 | 3099.45 | 3032.70 | 1.432 times |
| 25 Fri Nov 2022 | 3068.35 | 3111.95 | 3111.95 | 3060.00 | 0.948 times |
| 24 Thu Nov 2022 | 3099.95 | 3115.65 | 3118.50 | 3079.25 | 1.391 times |
| 23 Wed Nov 2022 | 3127.15 | 3085.90 | 3135.15 | 3084.85 | 0.511 times |
| 22 Tue Nov 2022 | 3087.70 | 3075.05 | 3096.65 | 3039.60 | 0.326 times |
| 21 Mon Nov 2022 | 3083.75 | 3095.75 | 3115.70 | 3068.60 | 0.836 times |
| 18 Fri Nov 2022 | 3122.95 | 3141.15 | 3169.00 | 3085.25 | 0.816 times |
| 17 Thu Nov 2022 | 3132.05 | 3100.00 | 3139.95 | 3071.70 | 0.448 times |
| 16 Wed Nov 2022 | 3103.15 | 3129.20 | 3161.55 | 3095.90 | 0.726 times |
| 15 Tue Nov 2022 | 3131.80 | 3140.05 | 3201.05 | 3119.95 | 0.701 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3089.9, but if it comes above 3089.9, then a intra day buy could be more profitable.
If you take a sell trade below 3089.9, then use 3089.9 as stoploss and 3006.3 as target. However if you take a buy trade in stock , then use 3089.9 as stoploss and 3159.48 as target.
Share price targets for Alkem (Alkem)
| Target Type | Value |
| Downside Target | 2852.00 |
| Downside Target | 2950.00 |
| Upside Target | 3135.15 |
| Upside Target | 3213.20 |
| Upside Target | 3250.00 |
| Upside Target | 3258.15 |
| 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 | 3041.22 |
| Downside Intraday Target | 3003.58 |
| Upside Intraday Target | 3107.97 |
| Upside Intraday Target | 3137.08 |
| Downside Intraday Target | 3070.33 |
Weekly technical analysis of Alkem (Alkem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 3078.85 | 3099.45 | 3099.45 | 3032.70 | 0.357 times |
| 25 Fri Nov 2022 | 3068.35 | 3095.75 | 3135.15 | 3039.60 | 0.67 times |
| 18 Fri Nov 2022 | 3122.95 | 3100.00 | 3213.20 | 3024.10 | 0.605 times |
| 11 Fri Nov 2022 | 3171.40 | 3220.55 | 3258.15 | 3081.05 | 0.737 times |
| 04 Fri Nov 2022 | 3254.75 | 3134.80 | 3323.00 | 3118.65 | 4.059 times |
Price has moved up 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 |
| 28 Mon Nov 2022 | 3078.85 | 3163.25 | 3323.00 | 3024.10 | 1.196 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 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 | 13, 27, 37 | Sell |
| MACD | -38, -26 | Sell |
| Stochastics | 29 | Sell |
| CCI | -105 | Sell |
| RSI | 55 | Buy |
| OBV | -8792 | Sell |
| VWAP | 3099 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Alkem ( (Alkem) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 moving up
CCI has generated a SELL signal for Alkem in short term and SELL signal is strong!
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 3099.21 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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