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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 2023-09-27 View latest technical analysis

10 day averaged volume of Alkem is 4447

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	3554.10	3525.05	3565.20	3521.70	0.336 times
26 Tue Sep 2023	3529.65	3560.05	3563.20	3525.30	0.144 times
25 Mon Sep 2023	3551.90	3541.05	3573.45	3514.50	0.534 times
22 Fri Sep 2023	3544.75	3648.35	3654.55	3535.85	0.709 times
21 Thu Sep 2023	3651.65	3659.55	3683.95	3645.45	0.173 times
20 Wed Sep 2023	3683.20	3617.50	3692.85	3617.50	0.463 times
18 Mon Sep 2023	3658.60	3679.00	3705.70	3638.30	0.957 times
15 Fri Sep 2023	3676.90	3684.15	3749.20	3644.05	0.903 times
14 Thu Sep 2023	3703.70	3764.95	3765.00	3671.10	1.718 times
13 Wed Sep 2023	3747.05	3630.00	3764.00	3630.00	1.485 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3581.3, but if it comes above 3581.3, then a intra day buy could be more profitable.
If you take a sell trade below 3581.3, then use 3581.3 as stoploss and 3515.6 as target. However if you take a buy trade in stock , then use 3581.3 as stoploss and 3636.04 as target.

Share price targets for Alkem (Alkem)

Target Type	Value
Downside Target	3211.05
Downside Target	3310.00
Downside Target	3441.05
Downside Target	3514.50
Upside Target	3635.05
Upside Target	3703.30
Upside Target	3705.70
Upside Target	3755.00
Upside Target	3765.00
Upside Target	4050.00
Upside Target	4270.95

Intraday share price targets for Alkem (Alkem)

Target Type	Value
Downside Intraday Target	3521.25
Downside Intraday Target	3488.4
Upside Intraday Target	3580.2
Upside Intraday Target	3606.3
Downside Intraday Target	3547.35

Weekly technical analysis of Alkem (Alkem)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	3554.10	3541.05	3573.45	3514.50	0.441 times
22 Fri Sep 2023	3544.75	3679.00	3705.70	3535.85	0.311 times
15 Fri Sep 2023	3676.90	3620.00	3765.00	3620.00	0.89 times
08 Fri Sep 2023	3617.05	3604.05	3703.30	3604.05	0.505 times
01 Fri Sep 2023	3614.90	3650.05	3755.00	3604.65	7.594 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
27 Wed Sep 2023	3554.10	3642.95	3765.00	3514.50	0.07 times
31 Thu Aug 2023	3638.95	3936.05	4270.95	3635.05	18.857 times
31 Mon Jul 2023	3977.20	3512.30	4050.00	3441.05	1.01 times
30 Fri Jun 2023	3512.30	3376.85	3515.80	3310.00	0.456 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)

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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 3664.55 and Alkem (Alkem) stock is trading below this level. This means that stock is falling with high volumes. 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 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.